Netflix adds 2.4 million subscribers in Q3 globally, thanks to these best performing shows – Times of India

Netflix subscriber base has gone up by 2.4 million globally and out of these new subscribers, 1.43 million new users have been added in the Asia-Pacific Region in the third quarter of 2022 (Q3 2022). The video streaming company says that it now has 223 million paying users. The news comes soon after the company launched a new cheaper plan, but with ads, to expand its consumer base.
The company also listed out some shows which apparently made it possible for the company to reverse the decline it logged in the first of 2022.
Best performing Netflix shows
Netflix mentions in Shareholder Letter that “Monster: The Jeffrey Dahmer Story”, “Stranger Things S4”, “Extraordinary Attorney Woo”, “The Gray Man”, and “Purple Hearts” are among the best performing films and series of all time.
“Our Q3 content slate was especially strong. In English scripted TV, we kicked off the quarter with Stranger Things S4, which generated 1.35 billion hours viewed – our biggest season of an English language series ever. This was followed in August by The Sandman (351 million hours viewed), which was loved by fans and critics alike. Near the end of the quarter, we launched season five of fan favourite Cobra Kai (270 million hours viewed) and limited series Monster: The Jeffrey Dahmer Story (824 million hours viewed) from Ryan Murphy, which is now our second largest English series,” Netflix said.

Non-English shows which have seen “great success” include Squid Game (Korean), Extraordinary Attorney Woo (Korean) – which was the top show on Netflix’s weekly non-English series list in 28 countries, Narco-Saints (Korean), Sintonia (Brazilian) and The Empress (German).
“We’re done with shrinking quarters…we’re back to positivity. Everything the company is focused on, whether that’s on the content side, on marketing, lowering prices for the ad supported model, the paid sharing..lines us up for a good next year,” Reed Hastings, co-chief executive officer at Netflix, said during the earnings call.
Netflix Basic with Ads plan
It is to be noted that Netflix lost nearly 2,00,000 subscribers in the first quarter, and about a million in the second earlier this year. The company took certain steps to bounce back and it recently launched Basic with Ads plan. It is priced at $6.99 (approximately Rs 575) in the US. It will be available in Australia, Brazil, Canada, France, Germany, Italy, Japan, Korea, Mexico, Spain, the UK and the US. The plan is expected to launch in other countries as well.