Netflix adds millions of subscribers but growth slows

Netflix adds millions of subscribers but growth slows

Netflix adds millions of subscribers but growth slows …C0NTINUE READING HERE >>>

Netflix expects a second season of its global hit ‘Squid Game’ to draw viewers to its television streaming platform.
Photo: Roy Rochlin / GETTY IMAGES NORTH AMERICA/Getty Images via AFP
Source: AFP

Netflix on Thursday said it added more than five million subscribers in the recently ended quarter but signaled slowing growth.

The streaming juggernaut said it ended September with 282.7 million subscribers, reporting a profit of $2.4 billion on revenue that jumped 15 percent compared with the same period a year earlier to $9.8 billion.

Netflix shares rose nearly five percent to $720.75 in…

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