Netflix Grows Subscribers and Increases Prices

user avatar

by Giorgi Kostiuk

2 years ago

Netflix continues to lead the streaming industry, adding 18.9 million subscribers during the holiday period and reaching a total of nearly 302 million. The company also announced upcoming price hikes for 2025.

Netflix Subscriber Growth

Thanks to its successful fourth-quarter programming, including the second season of 'Squid Game', Netflix was able to attract a record number of subscribers. This Korean thriller remains the most-watched Netflix TV series. In the final quarter of 2024, Netflix achieved a profit of $1.87 billion on $10.25 billion in revenue, marking double-digit growth from the previous year.

Financial Success and Plans for Netflix

Netflix announced a price increase in several countries, including the US and Canada. The ad-supported tier will cost $7.99 per month, while the standard ad-free tier will rise to $17.99. The premium tier will increase to $24.99. The price increase is attributed to the company's investments in programming and improved subscriber experience.

Forecasts and Goals for 2025

For 2025, Netflix plans to bring back its popular shows like 'The Addams Family' and 'Stranger Things'. The platform will also focus on live broadcasts and increasing ad revenues. Revenues are expected to reach $43.5-44.5 billion, reflecting an increase of $500 million from earlier forecasts.

Netflix continues to strengthen its position in the streaming video market by increasing subscribers and strategically raising prices. The company's upcoming plans include content investments and expanded advertising business.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Binance Launches P2P Merchant Referral Campaign in Africa

Binance has launched a P2P merchant referral campaign in Africa, offering rewards for referrers and new merchants from October 8 to November 7.

user avatarLeo van der Veen

Strategy to Announce Third-Quarter 2026 Results and Host Investor Webinar

Strategy will announce its third-quarter 2026 financial results and host a live webinar for investors on October 29, providing insights into its corporate Bitcoin treasury.

user avatarLi Weicheng

XRP Ledger's BatchV11 Amendment Set for Activation

The XRP Ledger's BatchV11 amendment is expected to activate around October 9, pending validator support.

user avatarMaya Lundqvist

NFL Backs New Jersey's Appeal on Sports Prediction Markets

The NFL has filed an amicus brief urging the Supreme Court to consider New Jersey's appeal regarding the classification of sports prediction markets, advocating for state regulation and enhanced consumer protections.

user avatarAisha Farooq

Binance Launches Meteora Spot Trading Competition with 400 BNB Prize Pool

Binance has launched a new spot trading competition for the MET token with a prize pool of 400 BNB, running from October 8 to October 15.

user avatarBayarjavkhlan Ganbaatar

The Graph Sets October 8 Deadline for Transition to Decentralized Network

On October 8, The Graph will transition from centralized Subgraph Studio endpoints to its decentralized network, impacting developers on Polygon and BNB Chain.

user avatarTenzin Dorje

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.