Netflix has proven its ability to thrive during Hollywood's writers and actors strikes, gaining more Subscribers in the third quarter than in the past three years. It's shares soared 13.5% in Premarket trading on October 19, adding nearly Rs. 1.75 lakh crore to its market value. By leveraging its global production capabilities and capitalizing on the financial challenges of its rivals, Netflix amassed 24.7 crore total subscribers, an increase of nearly 90 lakh in just three months.
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