The only thing stronger than Netflix’s password crackdown results are its new prices.
Announcing its third-quarter earnings in a letter to shareholders today, Netflix said it added nearly 9 million subscribers (8.76 million, to be exact), bringing its total to more than 247 million global paid streaming memberships.
The streaming giant also noted that its ad-supported tier continues to grow, with memberships up almost 70% quarter-over-quarter. Additionally, on average, 30% of all sign-ups in countries with ad-supported tiers go towards the plan.
The results come amid Netflix’s ongoing password crackdown, with paid sharing rolling out in more than 100 countries, including the U.S.,