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Netflix Executive Director Grigor Peters is not worried about the flow of demand, despite the growing concerns of the economy, saying that Entertainment industry proved to be “resistant” in difficult times.
“We also make some comfort in fact that entertainment has historically strictly stronger in the economic economic period,” said Peters. He added that “Netflix has also been specially resistant, and we have not seen any basic impact in those tough times, despite a shorter history.”
This comes as analysts or president Donald Trump Tariffs can push us to decline, forcing consumers to reconsider their costs on streaming services.

“We also make some comfort in fact that entertainment is historically quite resistant to economic time,” said Grigor Grigor Grigori, Executive Director of Netflix. (Courtight of Comcast / Fox News)
Netflix continues 70 million active users a month with ad support
However, the Peters say that the company’s low advertising, from $ 7.99, is available to our largest markets, “us gives us more.
At low prices of Netflix, The adopted level of advertising launched by the end of 2022 has been proven to be common among consumers, as it is 55% of its entry in countries where it is available.
Netflix quarter results beat Wall Street targets, income prospect
The initiators say that the company pays great attention to the “consumer mood and where there is a broader economy”, but there is nothing significant to celebrate.
Grieving | Safety | Last | Change | Change% |
---|---|---|---|---|
Nflx | Netflix Inc. | 973.03 | +11.40 |
+ 1.19% |
During the three-month period ending in March, the Peters said that the preservation of customers was “stable and strong.”
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He added that the changes in the company’s latest prices are in line with expectations, and that “involvement remains strong and healthy.”
Netflix exceeded Wall Street expectations for quarterly results and offered the prospect of income of the nomination under economic uncertainty on Thursday.
Netflix reports Revenue of $ 10.54 billion for analysts for the first quarter of $ 10.52 billion, according to LSEG, according to LSEG.
The criteria of $ 5.71 US $ 6,71. The company released hits, such as “Zerensual Day” series “Zero Day” and “Temptation Island” series “Zero Day” series.
The project will increase $ 11.04 billion against $ 10.90 billion analysts in April.

Netflix reported $ 10.54 billion for the first trimester. (Nikos Pekiaridis / NUREPHOTO VIA GETTY Images / Getty Images)
Netflix has more than 300 million global subscribers. In January, the company reports added a Posts 18.9 million subscribers In the fourth quarter of 2024.
Reuters contributed to this report.