Netflix is Hollywood’s first streaming service to have 200 million subscribers.
The company announced that it added 8.5 million subscribers in the last quarter of 2020 during its Q4 earnings report on Tuesday, surpassing its projected gains of 6 million new subscribers. The company reported $6.64 billion in revenue, which slightly exceeded Wall Street’s expectations.
Netflix, which raised the price of its standard and premium subscription plans in October 2020, made most of its Q4 subscriber gains outside the United States: The company stated that 83 percent of its 2020 subscriber gains hailed from outside North America. Netflix highlighted its international content slate in its earnings report, such as “Barbarians,” a historical action series from Germany that Netflix said was viewed by 37 million subscribers globally within the first four weeks of release. “Sweet Home,” a Korean-language horror show, was viewed by 25 million subscribers, while the Japanese-language thriller series “Alice in Borderland,” which was adapted from the manga of the same name,...
The company announced that it added 8.5 million subscribers in the last quarter of 2020 during its Q4 earnings report on Tuesday, surpassing its projected gains of 6 million new subscribers. The company reported $6.64 billion in revenue, which slightly exceeded Wall Street’s expectations.
Netflix, which raised the price of its standard and premium subscription plans in October 2020, made most of its Q4 subscriber gains outside the United States: The company stated that 83 percent of its 2020 subscriber gains hailed from outside North America. Netflix highlighted its international content slate in its earnings report, such as “Barbarians,” a historical action series from Germany that Netflix said was viewed by 37 million subscribers globally within the first four weeks of release. “Sweet Home,” a Korean-language horror show, was viewed by 25 million subscribers, while the Japanese-language thriller series “Alice in Borderland,” which was adapted from the manga of the same name,...
- 1/19/2021
- by Tyler Hersko
- Indiewire
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