Netflix Inc. may have a hard time topping its mammoth 2024, but Wall Street is optimistic about offerings that include major names in entertainment and sports.The streaming-video company has made a splash with sports programming,
The streaming giant hosted its record-breaking boxing match between Jake Paul and Mike Tyson, and its first ever NFL games, in the quarter.
By submitting your information you agree to the Terms & Conditions and Privacy Policy and are aged 16 or over. Paul vs. Tyson remains available to stream on Netflix for those who want to revisit it after this viral video.
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 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.
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 ( 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.
The addition of subscriptions for Netflix during Q4 is substantially higher than its performance during the previous quarters.
Netflix has increased subscription prices in the US, Canada, Portugal, and Argentina, and reported record subscriber growth in Q4 2024