Key Points
Netflix (NFLX.O), opens new tab on Tuesday blew past Wall Street subscriber estimates in the fourth quarter, driven by a strong slate of shows that included the final season of the long-running royal drama The Crown and David Finchers original film, The Killer...
The company reported it added 13.1 million subscribers in the December quarter, its largest-ever fourth-quarter subscriber growth, handily exceeding projected gains of 8.97 million..
That brings the total number of subscribers to 260 million...
The company credited gains to the strength of its intellectual property, including Squid Game: The Challenge, a reality show based on its most-watched TV series, new original series such as All the Light We Cannot See, feature films like Zack Snyders Rebel Moon: A Child of Fire, and non-English-language programming, including the third season of Lupin from France...
Earlier on Tuesday, Netflix and TKO Group Holdings (TKO.N), opens new tab announced a more than $5 billion deal to bring World Wrestling Entertainments Raw and some other programming exclusively on the streaming service in January 2025...