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Netflix Surpasses 300M Subscribers, Hikes Prices

  • Netflix added 19 million subscribers in Q4, surpassing 300 million total. Prices increased in the US, Canada, Portugal, and Argentina.
  • The company reported $1.87 billion profit and $10.25 billion revenue, with strong growth from popular shows like 'Squid Game'.
  • Netflix plans to expand advertising, live programming, and gaming, aiming for $43.5-44.5 billion revenue in 2025.

Source: Mint, The Economic Times

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13mo ago
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