Reported about 7 hours ago
In the fourth quarter of 2024, Netflix reported its highest subscriber increase ever, adding 18.9 million customers, fueled by live sporting events and the return of 'Squid Game'. This surge brought Netflix's total subscribers to over 300 million. The company also saw a 16% revenue increase to $10.2 billion and plans to boost sales through price hikes in key markets. Overall, Netflix recorded a record year with 41 million new subscribers, attributed to a diverse programming slate and successful live events.
Source: YAHOO