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January 21, 2020 10:31 pm
Illustration by Alex Castro / The Verge
Original Link: https://www.theverge.com/2020/1/21/21075493/netflix-earnings-report-q4-streaming-wars-subscription-growth-disney-plus
Netflix grew bigger even amid competition from Baby Yoda
Illustration by Alex Castro / The Verge
Even with the high-profile launches of Disney+ and Apple TV Plus last fall, Netflix added more subscribers than expected in the last three months of 2019. Its Q4 results released today show the company continued to grow, even as an avalanche of new streaming services approach and competitors start to release hit series.
According to Netflix, membership grew “both globally and in the US on a year over year basis.” Netflix reports that it now has more than 167 million paid subscribers and that it added about 8.8 million subscribers over the previous three months. That was about the same amount of subscribers Netflix added in Q4 2018, and a good amount ahead of the 7.6 million subscribers the company was forecasting.
However, the company...
Original Link: https://www.theverge.com/2020/1/21/21075493/netflix-earnings-report-q4-streaming-wars-subscription-growth-disney-plus
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