The streaming giant hosted its record-breaking boxing match between Jake Paul and Mike Tyson, and its first ever NFL games, in the quarter.
While investors want to see numbers that will justify the premium, Netflix is so dominant that I’m not turned off having to pay more to hold it.” A November boxing match between Mike Tyson and Jake Paul drew Netflix a global audience that peaked at 65 million streams,
Netflix reaffirmed its dominance of the streaming video market on Tuesday, as its mixture of live sporting events, popular returning series - and
A strong slate of recent original shows and live events is likely to have encouraged people to sign up for the streaming service.
Executives at Netflix cited live events like the Jake Paul-Mike Tyson fight and the Christmas Day NFL games it showed as reasons its fourth-quarter content "outperformed even our high expectations."
Netflix ( NFLX 9.69%) was one of the best stocks of the 2010s. After an initial misstep with Qwikster, Netflix successfully transitioned from a DVD-by-mail business to a streaming one and delivered phenomenal growth over the decade as it expanded around the world and made streaming mainstream.
Netflix subscribers will see a noticeable jump in their monthly subscription fees, as the streaming company revels in new viewership. In a letter to shareholders on Tuesday, the company announced it increased prices across most plans in the U.S., Canada, Portugal and Argentina.
The addition of subscriptions for Netflix during Q4 is substantially higher than its performance during the previous quarters.
Netflix added nearly 19 million subscribers during the holiday-season quarter to help propel its earnings beyond analysts’ projections, signaling that the video streaming service’s expansion into live programming is paying off.
Netflix announced Tuesday it will raise prices on most of its subscription tiers in the US and Canada after the streaming giant reported 19 million new subscribers in the last quarter of 2024.
We enter 2025 with strong momentum,” Netflix said in its note to investors, saying it added a record 41 million subscribers in 2024 and re-accelerated growth.