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Netflix revenue rises to $10.5 billion following price hike

Netflix said in First quarter profit report On Thursday, these revenues amounted to $ 10.5 billion in the months that passed on the high prices. This is 13 percent over the same time last year.
The net net income of broadcasting service grew to $ 2.9 billion, and the company says it expects more growth in the coming months when you see “the full quarter benefits from the recent changes in prices and continuous growth in membership revenues and advertising.”
The company says that its advertising -backed plan allows it to “provide lower price points for consumers with the creation of additional revenues and a profit flow.” It also launched its advertising technology platform earlier this month.