Netflix exceeds subscriber estimates, adding 13.1 million subscribers in Q4 2023, driven by shows like The Crown and David Fincher s film. The total number of subscribers is now 260 million. The stock gained 65% in 2023. Bank of America media analyst Jessica Reif Ehrlich said Netflix has won the streaming wars . Revenue rose to $8.8 billion in the quarter. Netflix expects double-digit revenue growth in 2024 and plans to invest in advertising and games. It also secured a $5 billion deal with WWE for exclusive programming.
Netflix Bolsters Content Spending with Investment of $17 bn in 2024
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Netflix hits fourth-quarter subscriber record, fueled by Elizabeth Debicki s The Crown & Michael Fassbender s The Killer
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Netflix hits fourth-quarter subscriber record, fueled by The Crown and The Killer By Reuters
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