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Netflix will stop disclosing the number of people who signed up for its service, as well as the revenue it generates from each subscriber from next year, the company announced on Thursday. It will focus, instead, on highlighting revenue growth and the amount of time spent on its platform.
"In our early days, when we had little revenue or profit, membership growth was a strong indicator of our future potential," the company said in a letter to shareholders. "But now we're generating very substantial profit and free cash flow."
Netflix revealed that the service added 9.33 million subscribers over the last few months, bringing the total number of paying households worldwide to nearly 270 million. Despite its decision to stop reporting user numbers each quarter, Netflix said that the company will "announce major subscriber milestones as we cross them," which means we'll probably hear about it when it crosses 300 million.
Netflix estimates that more than half a billion people around the world watch TV shows and movies through its service, an audience it is now figuring out how to squeeze even more money out of through new pricing tiers, a crackdown on password-sharing, and
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Aruba Networks is showing off some enhancements to its security platform - including new zero trust and sandboxing features - that promise to help customers advance fortification of their hybrid cloud and enterprise network environments.
Hewlett Packard Enterprise's network subsidiary is also detailing the progress it has made in integrating the security technology from its March purchase of Axis Security into Aruba's security service edge (SSE) platform with Aruba's SD-WAN and Secure Access Services Edge (SASE) offerings.
Some of the new features and directions will be demoed and discussed as part of Aruba's presence at this week's Black Hat 2023 event which will focus on everything security including AI, automation and threat intelligence issues.
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