Well, now we know why Netflix felt comfortable announcing the largest price hike in the history of the streaming service a few days ago.
Raising prices would be exactly the wrong move if you were shedding subscribers and your business was spiraling, which is certainly not the case here. The streaming giant just reported its fourth quarter earnings performance after the market close today, which included the announcement that Netflix added 8.84 million subscribers during the holiday quarter. That grows its total count almost 26 percent, to 139 million subscribers worldwide.
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Netflix is starting to share audience numbers that it’s never disclosed before originally appeared on BGR.com on Thu, 17 Jan 2019 at 18:01:37 EDT. Please see our terms for use of feeds.
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