Netflix has seen its subscriber numbers across Europe bounce back during Q3 2021 following a dip in the previous period.
In total, at the end of Q3 the streamer is reporting 70.5 million paying subscribers across the region, up from 68.7 million in Q2.
Globally, Netflix beat analysts’ expectations, adding 4.38 million new subscribers to reach nearly 214 million worldwide.
“After a lighter-than-normal content slate in Q1 and Q2 due to Covid-related production delays in 2020, we are seeing the positive effects of a stronger slate in the second half of the year,” said Netflix in its letter to shareholders.
The company predicted it will add 8.5 subscribers in the fourth quarter of the year to reach 222 million global customers.
In its letter to shareholders, Netflix cited the popularity of Squid Game as among its successes in the last quarter. Released on 17th September the show has become the streamer’s biggest TV show ever, with 142 million households globally watching the series in the first four weeks of release. Netflix added that the show has been ranked as its number one programme in 94 countries (including the US).