Netflix witnesses fortuitous first quarter
Getting off to a good start this year, Netflix have reported a net income jump of USD 2.3 billion, beating expectations. In addition to this profit surge, the streaming platform have added 9.3 million subscribers. New releases such as The Gentleman, Baby Reindeer and their investment into the coverage of WWE tournaments, along with the surprisingly successful ad based tier service on offer, have all contributed to Netflix’s early 2024 success.