Netflix Dominates Streaming with Record Subscriber Jump

TL;DR Summary
Two years after a significant stock price drop and subscriber loss, Netflix has rebounded with its strongest fourth quarter ever, adding over 13 million subscribers and securing a $5 billion-plus deal with WWE to bring live wrestling to the platform in 2025. The company's crackdown on password sharing and success in the awards front, along with a surge in stock price, demonstrate its resilience and dominance in the streaming industry. Additionally, Netflix has acquired the rights to produce new episodes of the reality show Temptation Island, further solidifying its position in the streaming market.
- The Week Netflix Put the Smackdown on Its Rivals Vulture
- Netflix Offers Subscribers a Whole Cable Bundle Bloomberg
- Netflix Is the King of Streaming. Is It a Benevolent Dictator? Hollywood Reporter
- Netflix Has Best Week Since 2022 on Stunning Subscriber Jump Yahoo Finance
- 'Oppenheimer' dominates Oscar nominations, Gerwig passed over for best director The Associated Press
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
8 min
vs 9 min read
Condensed
94%
1,709 → 94 words
Want the full story? Read the original article
Read on Vulture