Is Netflix’s Subscriber Jolt a One-Hit Surprise?

The celebs aligned for Netflix in its newest quarter, however making sequels to this hit can be a problem.

The streaming big stated Wednesday that it added about 8.8 million web new paid subscribers throughout the third quarter. That’s the highest quantity added in a single quarter since early 2020, when curiosity in TV streaming exploded throughout the pandemic lockdowns. It was additionally 45% larger than what Wall Road had anticipated for subscriber additions. The corporate stated it expects an identical soar within the fourth quarter, which might are available in forward of the 7.7 million that analysts had been predicting.