Netflix reports record Q4 growth with 19 million new subscribers, raising U.S. prices to $17.99.
Netflix reported a record-breaking 19 million new subscribers in Q4 2024, boosting its total to over 300 million. The company's revenue surged 16% to $10.25 billion, and it announced a price hike in several markets, including the U.S., where the standard plan now costs $17.99. Netflix's shares rose over 14% in premarket trading, responding to the robust financial results and a raised 2025 revenue forecast of $43.5-$44.5 billion. The company also plans to enhance its core business and expand into live events and gaming.
2 months ago
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