Netflix raises prices as it posts record subscriber growth in fourth-quarter earnings
Streaming service’s bet on live events helped reel in 19 million more subscribers in holiday-season quarter
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. It is also raising prices.
The numbers released on Tuesday covered a October-December period highlighted by Netflix’s streaming of a widely watched fight between the YouTube sensation Jake Paul and the former heavyweight boxing champion Mike Tyson in addition to two National Football League games on Christmas Day.
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Netflix to raise prices as new subscribers soar
Squid Game 2 and live sports, including the Jake Paul v Mike Tyson fight, fuelled new memberships.BBC News - 4h -
Netflix is raising prices. Here’s how much more your plan will cost.
Netflix is raising the price of its standard ad-free plan for the first time in three years, though it will still cost less than the comparable version of Hulu,MarketWatch - 4h -
Netflix Raises Prices Across Plans, Reports Record Jump in New Subscribers
The lowest-price, ad-supported option for the streaming service will cost $7.99 a month, an increase of $1.The Wall Street Journal - 6h -
Netflix Raises Prices After Adding 19 Million Subscribers in Latest Quarter
The company said those results were buoyed by programming in recent months that exceeded internal expectations.The New York Times - 6h -
Netflix had a record-breaking quarter. Here come the price hikes
The earnings report solidified Netflix's dominance in the market, with hits such as "Squid Game" and a boxing match between Jake Paul and Mike Tyson.Los Angeles Times - 7h -
Netflix shares jump as it adds record number of subscribers
Streaming pioneer’s total number of customers passes 300mn as it receives boost from live sportsFinancial Times - 6h -
Netflix is raising prices again: Here's when, and how much your bill is going up
Don't look now, but your Netflix bill is about to go up.The Hill - 6h -
As Hollywood reels, Netflix’s streaming lead is intact ahead of earnings. But expect price increases this year.
Ahead of its fourth-quarter earnings results on Tuesday, analysts say Netflix’s streaming dominance is still intact.MarketWatch - 1d -
Foxconn Posts Record Fourth-Quarter Revenue on AI Demand
The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.The Wall Street Journal - Jan. 5
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