The streaming giant hosted its record-breaking boxing match between Jake Paul and Mike Tyson, and its first ever NFL games, in the quarter.
In a historic quarter, Netflix welcomed nearly 19 million new subscribers, fueled by the return of ’Squid Game’ and major live sporting events. As the company embraces ad-supported models, its strategic mix of programming and live content is reshaping the streaming landscape.
Logan Paul is making his actual Netflix Raw debut after being teased for weeks, according to a WWE announcement. More News: Jake Paul, Logan Paul, Conor McGregor Share Vehicle for Donald Trump InaugurationPaul is gearing up for his WWE RAW debut on Netflix,
Netflix added nearly 19 million subscribers during the holiday-season quarter to help propel its earnings beyond analysts’ projections, signaling that the video streaming service’s expansion into live programming is paying off.
The strong subscriber gains come as the streamer ended 2024 with two back-to-back NFL games, a successful "Jake Paul vs. Mike Tyson" boxing match, and the return of "Squid Game." To that end, the company said price hikes will be hitting the service — which analysts had consistently teased heading into the print.
After addressing the attendees, President Trump opened his speech with, "The golden age of America begins right now. From this day forward, our country will flourish and be respected all over the world. We will be the envy of every nation, and we will not allow ourselves to be taken advantage of."
According to the latest earnings reports, the company announced that they are adjusting prices after reporting its biggest-ever subscriber jump.
The other tiers of service have seen price hikes before. Netflix last raised the price of its Standard plan in January 2022, upping the monthly cost to $15.49 from $13.99. The company increased the cost of its Premium tier by $2 to $19.99 a month in 2022 and then raised it again in October to $22.99.
Netflix announced Tuesday it will raise prices on most of its subscription tiers in the US and Canada after the streaming giant reported 19 million new subscribers in the last quarter of 2024
Netflix gained 19 million subscribers in the fourth quarter, bringing its global total to 301.6 million. This marked a company record for the largest quarterly subscriber increase. This surge was driven by high-impact programming, including the NFL and a historic boxing match between Mike Tyson and Jake Paul.
Netflix added a record 19 million subscribers in the fourth quarter as viewers flocked to stream the new instalment of Squid Game and live sporting events including a much-hyped boxing match between Mike Tyson and Jake Paul.