Netflix surpassed 200M global subscribers in Q4, significantly outpacing expectations and growing by 22% in 2020. The milestone comes amid intense streaming competition, including Disney+ (87M), Hulu (39M), Peacock (26M), and HBO Max (13M). Netflix shares opened up ~12% on the news.
More context: Over 80% of 2020 subscriber growth came from international markets, including Europe, Asia-Pacific, and Latin America.
The New Paper
This story is from the January 20, 2021 edition of The New Paper – a clear, concise daily briefing that makes fact-first news easy to consume. Try it today.
