Netflix July-September sales Net profit increased year-on-year October 17th 8:36
Netflix, a major video distribution company in the United States, has achieved sales and final profits over the same period last year. The number of members is said to have increased due to the popularity of works distributed overseas including Japan.
Netflix announced on the 16th that sales for the three months from July to September were $ 5,245 million (approximately 570 billion yen in Japanese yen), an increase of 31% from the same period last year. It was.
The net profit was $ 665 million (over 72 billion yen in Japanese yen), an increase of 65% compared to the same period last year.
The number of members has increased by over 6.7 million worldwide over the past three months to 158 million.
In the United States, the increase in the number of members has slowed down due to the price increase, but the works distributed in Japan, India, and Brazil were popular, and the increase was almost as expected by the company. It is said.
Apple and Walt Disney are also expected to enter the video distribution service from next month, and competition among companies is intensifying.