Netflix subscribers surge following a password crackdown, driving increased sign-ups.

Netflix experienced a surge in new sign-ups in the last year, with over 13.1 million subscriptions taken out in the three months leading up to Christmas, marking its highest quarterly growth since 2020. With 247.15 million users, Netflix is the most-watched streaming service globally. The company is confident in its growth and plans to increase prices, with Co-Chief Executive Greg Peters stating that price increases will resume once paid sharing is fully implemented.

January 24, 2024
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