The following tables summarize streaming revenues, paid net membership additions (losses), and ending paid memberships by region for the three months ended March 31, 2024 and March 31, 2023, respectively. Hedging gains and losses are included in “Streaming revenues” for the three months ended March 31, 2024. No hedge gains and losses were recognized as “Streaming revenues” in the comparative prior year period. See Note 7 Derivative Financial Instruments for further information.


	As of/Three Months Ended
	March 31, 2024		March 31, 2023
	(in thousands)
Streaming revenues	$	4,224,315	$	3,608,645
Paid net membership additions	2,530		102
Paid memberships at end of period (1)	82,658		74,398


	As of/Three Months Ended
	March 31, 2024		March 31, 2023
	(in thousands)
Streaming revenues	$	2,958,193	$	2,517,641
Paid net membership additions	2,916		644
Paid memberships at end of period (1)	91,729		77,373


	As of/Three Months Ended
	March 31, 2024		March 31, 2023
	(in thousands)
Streaming revenues	$	1,165,008	$	1,070,192
Paid net membership additions (losses)	1,723		(450)
Paid memberships at end of period (1)	47,720		41,249


	As of/Three Months Ended
	March 31, 2024		March 31, 2023
	(in thousands)
Streaming revenues	$	1,022,924	$	933,523
Paid net membership additions	2,157		1,455
Paid memberships at end of period (1)	47,495		39,478


(1) A paid membership (also referred to as a paid subscription) is defined as a membership that has the right to receive Netflix service following sign-up and a method of payment being provided, and that is not part of a free trial or certain other promotions that may be offered by the Company to new or rejoining members. Certain members have the option to add extra member sub accounts. These extra member sub accounts are not included in paid memberships. A membership is canceled and ceases to be reflected in the above metrics as of the effective cancellation date. Voluntary cancellations generally become effective at the end of the prepaid membership period. Involuntary cancellations, as a result of a failed method of payment, become effective immediately. Memberships are assigned to territories based on the geographic location used at time of sign-up as determined by the Company’s internal systems, which utilize industry standard geo-location technology.