A strong slate of recent original shows and live events is likely to have encouraged people to sign up for the streaming service.
While investors want to see numbers that will justify the premium, Netflix is so dominant that I’m not turned off having to pay more to hold it.” A November boxing match between Mike Tyson and Jake Paul drew Netflix a global audience that peaked at 65 million streams,
The company also announced a $15 billion stock buyback and boosted its full-year revenue outlook in its after-hours report on Tuesday. Netflix now projects 2025 revenue between $43.5 billion and $44.5 billion, ahead of the prior $43 billion to $44 billion range.
We enter 2025 with strong momentum,” Netflix said in its note to investors, saying it added a record 41 million subscribers in 2024 and re-accelerated growth.
Netflix reaffirmed its dominance of the streaming video market on Tuesday, as its mixture of live sporting events, popular returning series - and