Netflix fell significantly in subscriptions in Latin America for Q3 2021
According to the latest report from Q3 2021 Netflix obtained 330 thousand new subscribers in Latin America, which represents a major drop compared to 760 thousand that he had achieved in Q2 of the same year. In the meantime, globally added 4.4 million customers and continues to be the leader with 214 million memberships worldwide.
Unlike the results in Latin American countries, the platform had highest growth in the Asia-Pacific region, where he achieved 2.2 million new subscribers, a credit that he attributes to the success of the South Korean series Squid Game, which became the most viewed service with 142 million views. ”The breadth of popularity of ‘Squid Game‘it’s really amazing; this program has been ranked our number one program in 94 countries”, They explained from the OTT.
Also in the sector of Europe, Middle East and Africa, Netflix obtuvo 1.8 million new customers during the last trimester; Meanwhile in USA and Canada obtained a net profit of 70 thousand. In this way, the region of Latin America is the only one that showed a significant dropAlthough the platform has not yet made any statement in this regard, rather than acknowledging on other occasions that the competition is much more fierce than in other years.
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