(Photo by Charley Gallay/Getty Images for Netflix)The main takeaway from Netflix 's second quarter earnings is business is ... good.
Netflix added 1.2 million subscribers in the United States and Canada in the quarter — its largest regional quarterly gain since 2021.
This is not the story for the rest of the media industry.
That means Netflix will actually have even more cash than it previously expected.
Next quarter, Netflix forecast subscriber gains will be about 6 million again.
Persons:
Netflix Ted Sarandos, Charley Gallay
Organizations:
Netflix, Raleigh Studios Hollywood, Disney, Warner Bros, Paramount Global, Comcast
Locations:
ANGELES , CALIFORNIA, Los Angeles , California, United States, Canada