'We are no strangers to competition and we are no strangers to change': Ted Sarandos says Paramount is just another Blockbuster | Fortune
Briefly

'We are no strangers to competition and we are no strangers to change': Ted Sarandos says Paramount is just another Blockbuster | Fortune
"Netflix capped last year with another solid financial performance despite slowing subscriber growth that underscored the importance of its contested $72 billion bid to take over Warner Bros.' movie studio and slot HBO Max into its video streaming line-up. The fourth-quarter results announced Tuesday eclipsed the projections of stock market analysts, but Netflix's report also noted that the video service ended the year with more than 325 million worldwide subscribers, a figure indicating it has added about 23 million subscribers since 2024."
"Netflix's shares sank nearly 5% in extended trading, even though its profit and revenue for the past quarter were better than anticipated. The company earned $2.4 billion, or 56 cents per share, 29% increase from the same time in the previous year. Revenue rose 18% from the previous year to more than $12 billion. "Overall, this points to a challenging start to the year," said Investing.com analyst Thomas Monteiro."
Netflix finished the year with more than 325 million global subscribers after adding about 23 million in 2025, a marked slowdown from the 41 million added in 2024. The subscriber deceleration heightened concerns that growth may have peaked following the 2022 launch of a low-priced, advertising-supported tier. Management forecast a below-analyst profit for January–March, paused share buybacks while attempting to complete a $72 billion takeover of Warner Bros., and converted a stock-containing offer into an all-cash bid. Netflix reported $2.4 billion in profit and over $12 billion in revenue, and projected revenue growth to slow to 12–14% this year.
Read at Fortune
Unable to calculate read time
[
|
]