Netflix Tops 200 Million Subscribers for the First Time
By Micah Maidenberg and Joe Flint
Netflix Inc. ended last year with more than 200 million
subscribers, a milestone powered by consumers left homebound by the
pandemic and rising demand in international markets where the
streaming giant has a head start over many rivals.
Netflix on Tuesday said it added more than 8.5 million
subscribers on a net basis in the fourth quarter, a gain that
surpassed its forecast for the period. Overall, Netflix signed up
what it said was a record 37 million subscribers in 2020 and had a
total of 203.7 million users when the year finished up.
The company's subscriber count has roughly doubled since the
third quarter of 2017, when it first exceeded 100 million paying
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(END) Dow Jones Newswires
January 19, 2021 16:30 ET (21:30 GMT)
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