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I don't know, that's about 2.5% of the worlds population. All paid subscribers. Haven't checked out their financials, but are they making money yet?
by TrackerFF 5y ago
I don't know, that's about 2.5% of the worlds population. All paid subscribers. Haven't checked out their financials, but are they making money yet?
- BbzzbB 5y agoYet, in the US, they make less per paid subscriber than Facebook does per free user. There's also 3 to 4 times the amount of said free users as there are of those paid users. Netflix's first free-cash-flow positive year was 2020. A measly $2B, less than 10% of Facebook's (the least cash flowing FAAMG). Netflix is a big company, but not in the same league as FAAMG.
- skylanh 5y agohttps://ir.netflix.net/financials/sec-filings/sec-filings-details/default.aspx?FilingId=14649020 https://ir.netflix.net/financials/sec-filings/sec-filings-de... Consolidated statement of net income for each year (page 22 of the PDF): 2020: ~$2.7b on 200m members 2019: ~$1.8b on 167m members 2018: ~$1.2b on 139m members 2017: ~$0.5b on 110m members 2016: ~$0.2b on 89m members