In the fourth quarter of 2024, Netflix gained 19 million paid subscribers, boosted by the release of 'Squid Game' Season 2 and live sports events. The company ended the year with 302 million memberships and reported an operating income surpassing $10 billion for the first time, spurred by a 16% revenue growth. Subscription prices were raised across multiple markets, part of Netflix's strategy to reinvest in programming. The 2025 revenue projection of $43.5 billion to $44.5 billion marks a significant recovery in outlook following previous subscriber declines.
Netflix gained 19 million paid subscribers in Q4 2024, boosted by 'Squid Game' Season 2 and live sports, ending the year with 302 million memberships.
The company’s operating income exceeded $10 billion for the first time, propelled by a 16% revenue growth year-on-year driven by recently increased subscription prices.
They raised subscription prices across several markets, with U.S. increases reflecting its strategy to reinvest in programming and enhance value for subscribers.
Netflix projected 2025 revenues between $43.5 billion and $44.5 billion, indicating a strong growth outlook after overcoming recent challenges and subscriber declines.
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