Revenue in the fourth quarter jumped 16% year-over-year, reaching $10.25 billion, higher than the $10.11 billion Wall Street had predicted.
Netflix is raising prices yet again. In its latest earnings report released Tuesday, the streaming service announced that “we are adjusting prices today across most plans” in the US, Canada, Portugal,
Netflix’s 2025 subscription prices include: The ad-supported tier at $7.99 per month, up from $6.99. The standard ad-free tier at $17.99 per month, up from $15.49. The premium tier at $24.99 per month, up from $22.99.
In an email to CBS MoneyWatch, Netflix said it's boosting its subscription plans for American customers by about $1- $2.50 per month, depending on the plan. A standard plan with ads will rise to $7.99 a month from the current $6.99
Netflix added 18.9 million subscribers in its holiday quarter, blowing past Wall Street's forecasts, with live sporting events and the return of its popular South Korean series "Squid Game" attracting a record number of new customers,
Everything coming to Netflix streaming service in February 2025. 'Apple Cider Vinegar' 'Running Point,' and more.
Netflix is increasing subscription prices in the U.S. and other markets — including the first hike on its ad-supported plan. The streamer revealed the price increases along with its Q4 2024 earnings results Tuesday,
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.
Analysts predicted live sports might power a Netflix subscriber beat. But as the company trounced the expectations, management said sports drove only a “small minority” of additions.
Netflix reached 302 million paid subscribers globally, adding 19 million new subs in Q4. It will be the final time Netflix shares subscriber totals.
Since then, Netflix has added 19 million new subscribers, more than 300 million globally. That means they’ll need more money if subscribers want to watch such sputtering live events as Jake Paul’s very exciting boxing match against a 58-year-old.