Netflix Dominates Streaming with Record Subscriber Jump

1 min read
Source: Vulture
Netflix Dominates Streaming with Record Subscriber Jump
Photo: Vulture
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.

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