{"id":37244,"date":"2023-04-20T17:19:15","date_gmt":"2023-04-20T17:19:15","guid":{"rendered":"https:\/\/www.africa-press.net\/mozambique\/all-news\/most-netflix-subscribers-added-in-q1-came-from-asia-pacific-companys-revenues-up-3-8"},"modified":"2023-04-20T18:11:37","modified_gmt":"2023-04-20T18:11:37","slug":"most-netflix-subscribers-added-in-q1-came-from-asia-pacific-companys-revenues-up-3-8","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mozambique\/all-news\/most-netflix-subscribers-added-in-q1-came-from-asia-pacific-companys-revenues-up-3-8","title":{"rendered":"Most Netflix subscribers added in Q1 came from Asia-Pacific; company\u2019s revenues up 3.8%"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mozambique. <\/strong><\/span>Most Netflix subscribers that were added in the first quarter of 2023 came from the Asia-Pacific region while its revenues rose 3.8% year-on-year, according to the company.<\/p>\n<p>The company had 1.46 million paid net additions in Asia-Pacific during the January-March period, while it lost 45 million subscribers in Latin America alone, financial figures showed that were released late Tuesday.<\/p>\n<p>The number of paid memberships increased by 1.75 million to 232.5 million &#8212; up 1.75 million from the fourth quarter when it stood at 230.75 million.<\/p>\n<p>The online streaming platform saw its revenue increase to $8.2 billion in the first three months of the year, up from $7.9 billion during the same period in 2022.<\/p>\n<p>Net income, on the other hand, fell nearly 19% to $1.3 billion, from 1.6%, during that period.<\/p>\n<p>The company also announced that it has decided to end its DVD rental business which originally launched the firm in 1997 by selling or renting movies by mail.<\/p>\n<p>&#8220;DVD paved the way for streaming, ensuring that so much of what we started will continue long into the future,&#8221; said the statement. &#8220;So we want to go out on a high, and will be shipping our final DVDs on September 29, 2023.&#8221;<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/mozambique\">Mozambique<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mozambique. Most Netflix subscribers that were added in the first quarter of 2023 came from the Asia-Pacific region while its revenues rose 3.8% year-on-year, according to the company. The company had 1.46 million paid net additions in Asia-Pacific during the January-March period, while it lost 45 million subscribers in Latin America alone, financial [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":37243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[233,281,2021,2224,283,858,2225],"class_list":["post-37244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-mozambique","tag-asia-pacific","tag-dvd","tag-mozambique","tag-netflix","tag-paid-memberships"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Most Netflix subscribers added in Q1 came from Asia-Pacific; company\u2019s revenues up 3.8% - Mozambique<\/title>\n<meta name=\"description\" content=\"Most Netflix subscribers that were added in the first quarter of 2023 came from the Asia-Pacific region while its revenu ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mozambique\/all-news\/most-netflix-subscribers-added-in-q1-came-from-asia-pacific-companys-revenues-up-3-8\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Most Netflix subscribers added in Q1 came from Asia-Pacific; 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