In the third quarter, Netflix added 2.2 million subscribers, just under its projection of 2.5 million and far lower than the previous quarter’s addition of 10 million subscribers. The company now has 195.15 million subscribers globally. Netflix had warned that subscriber growth would slow down in the second half of the year because many consumers had already signed up earlier. The company said it added 28.1 million subscriptions in the first nine months of the year, compared with the 27.8 million subscriptions added last year. Sarandos said he promoted Bajaria because of her impressive work on building Netflix’s unscripted group and local language originals team.

Source: Los Angeles Times October 20, 2020 20:56 UTC