Netflix Q3 revenue up 12%, ad tier now leads subscriptions
Advanced Television’s Nik Roseveare reports that Netflix delivered on its Q3 forecast with revenue up 12 percent year-on-year to $12.9 billion and operating margin at 34.6 percent.
Why it matters. Advertisers gain leverage as Netflix’s ad tier becomes its default subscription path rather than a discount option.
Signal from advanced-television.com · Nik Roseveare · read the original.
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