Netflix added a record 19 million subscribers in holiday quarter
- Netflix gained 19 million new subscribers in the last quarter of 2024, marking its biggest-ever increase, bringing the total to 302 million worldwide.
- The company's revenue increased 16%, exceeding $10 billion for the first time, with operating income rising to $2.3 billion, a 52% increase year-on-year.
- Netflix will raise prices on most subscription tiers in the US and Canada, with the standard plan increasing from $15.49 to $17.99.
- Netflix attributed its success to the Mike Tyson-Jake Paul boxing match, which had 108 million viewers, and the success of 'Squid Game' season two, which had 68 million views in its first week.
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Total News Sources0
Leaning Left6Leaning Right4Center13Last UpdatedBias Distribution57% Center
Bias Distribution
- 57% of the sources are Center
57% Center
L 26%
C 57%
R 17%
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