Streaming service’s ad-supported subscription and live event streaming saw revenue reach $9.5bn in latest quarter
and Bridgerton helped Netflix gain another quarter of revenue increases, as the streaming giant continued to draw in subscribers with ad-supported subscriptions and live events streaming.
The company has spent the last few years trying to maintain the momentum it gained during the height of the pandemic, when people were streaming more to get through quarantine. The company broke subscriber records in 2020, with 37 million new subscribers that year and surpassing 200 million worldwide subscribers.
While the company is still ahead of its competitors in terms of subscriber numbers, it has indicated it wanted to break into other types of streaming.
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