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Netflix Q2 2023

Netflix Q2 2023 Results: Successful Launch of Paid Sharing

In Q2 2023, Netflix reported robust revenue growth and operating profit, driven by the successful launch of paid sharing in over 100 countries, attracting 5.9 million new paid subscriptions. The company expects revenue growth to accelerate in H2 2023, aided by expanded monetization and an ad-supported plan. Netflix’s focus on diverse content and personalized engagement has strengthened its position as a streaming leader amidst intense competition. The company’s commitment to sustainability and ESG initiatives also remains a priority.

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