“Paid sharing” subscription options to be available “more broadly” in 1st quarter of 2023
IndieWire reported on Thursday that Netflix has crossed 230.75 million global paid subscribers, gaining 7.66 million subscribers in the final quarter of 2022. The news website also reported that the company’s co-founder and co-CEO Reed Hastings is stepping down from his post.
Netflix also announced that its “paid sharing” subscription options will be available “more broadly” in the first quarter of 2023.
The company is appointing Greg Peters as co-CEO, who will serve alongside Ted Sarandos. Peters was formerly the chief operating officer of the company. Hastings will now serve as Netflix‘s executive chairman.
Netflix had predicted a gain of 4.50 million subscribers in 2022’s fourth and final quarter. The company had added 2.41 million subscribers to its service in the…