Today, Netflix reported its first-quarter 2024 earnings and added a staggering 9.33 million new subscribers to its lineup.
With this growth, Netflix added 2.53 million in the United States and Canada, Europe, the Middle East, and Africa added 2.92 million. Latin America added 1.72 million, and the Asian-Pacific market grew by 2.16 million.
This comes as Netflix says they saw strong growth in viewership.
Strong engagement starts with a strong slate. In Q1, we had a wide variety of high performing titles across multiple genres. For series, these included: prestige dramas with Griselda* (66.4M views ) and 3 Body Problem* (39.7M views); Avatar: The Last Airbender* (63.8M views), another successful live action adaptation of an animated series; best in class reality TV with Love Is Blind S6* (20.0M views); true crime with American Nightmare* (50.2M views); and stand up with Dave Chappelle: The Dreamer (18.4M views). Our UK content had a stand-out quarter with Fool Me Once (98.2M views), The Gentlemen* (61.0M views), One Day* (36.0M views) and Ricky Gervais: Armageddon (12.7M views) — as did Korea with A Killer Paradox S1* (13.6M views), Queen of Tears* (14.2M views) and Physical 100 S2* (9.2M views). Berlin S1 (56.7M views), part of our La Casa de Papel franchise, and Alpha Males S2* (8.1M views) from Spain, also performed well.
Netflix now controls 8.1% of the US TV Viewing market.
Revenue for the first quarter of 2024 was $4.224 billion, up 7% year over year.
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