We've got a lot of work ahead of us,” Peters said in a video call with investors. But he predicted Netflix's foray into ads would eventually prove to be as successful as its recent crackdown on password sharing was. ufabet
Netflix co-CEO Greg Peters
Netflix co-CEO Greg Peters predicted the company's ad sales will double during the next year while remaining a just a sliver of total revenue that will continue to be propelled by subscription fees. ufabet
Netflix’s gains also were propelled
Netflix’s gains also were propelled by a low-priced version of its service that included commercials for the first time in its history. The company still is only getting a small fraction of its revenue from the 2-year-old advertising push, but Netflix is intensifying its focus on that segment of its business to help boost its profits. ufabet