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in /television 6 days ago

Netflix Tops 325 Million Subscribers, Plans to Boost Content Spending 10% to $20 Billion in 2026

Netflix Tops 325 Million Subscribers, Plans to Boost Content Spending 10% to $20 Billion in 2026 - Featured Image

Netflix Tops 325 Million Subscribers, Plans to Boost Content Spending 10% to $20 Billion in 2026

variety.com - faviconvariety.com
TLDR

Netflix has over 325 million subscribers worldwide and plans to boost content spending by 10% to $20 billion in 2026. The company reported Q4 revenue of $12.05 billion and net income of $2.41 billion, exceeding Wall Street expectations. Netflix also announced its acquisition of Warner Bros. Discovery’s studios and HBO Max streaming business, aiming to enhance its content library and production capacity. The company expects to double its ad revenue in 2026.

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