Netflix Q3 Revenue Growth Slows to 12% Amid Programming Restructuring
Netflix reported third-quarter revenue grew 12% year-over-year, its slowest growth rate in years. The report coincides with a reorganization of the company's programming units.
Netflix reported third-quarter revenue grew 12% year-over-year, its slowest growth rate in years. The report coincides with a reorganization of the company's programming units.
Netflix's third-quarter investor letter names improved monetization, alongside entertainment value and new technology, as top priorities going forward. The company reported $12.9 billion in revenue, up 12 percent year-over-year, even as analysts at Jefferies estimate monthly viewing time per member fell to 49 hours in early 2025 from 66 hours in early 2023, and its share of US viewing time dipped slightly year-over-year in July.