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Wed, January 22, 2025
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Netflix Smashes Estimates, Adding Nearly 19M Subscribers In Q4 To Hit 301.6M Worldwide

Netflix Smashes Estimates, Adding Nearly 19M Subscribers In Q4 To Hit 301.6M Worldwide


Published on 2025-01-21 16:44:26 - MSN
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  • Netflix added nearly 19 million subscribers in the fourth quarter, reaching 301.6 million globally, thanks to a wave of high-impact programming in the final weeks of 2024. The tally, a company record for the biggest subscriber jump in a quarter,

Netflix reported a significant surge in its subscriber base during the fourth quarter, adding nearly 19 million new subscribers, which brought its total to 301.6 million worldwide. This growth far exceeded Wall Street's expectations, which had forecasted an addition of about 8.97 million subscribers. The company's success was attributed to a strong content slate, including popular series like "The Crown" and "Stranger Things," alongside a robust international expansion strategy. Additionally, Netflix's efforts to curb password sharing and the introduction of an ad-supported tier have contributed to this impressive growth, showcasing the company's adaptability and resilience in a competitive streaming market.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/entertainment/streaming-movies-and-tv/netflix-smashes-estimates-adding-nearly-19m-subscribers-in-q4-to-hit-301-6m-worldwide/ar-AA1xBPYb ]
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