Netflix Tops 200 Million Subscribers for the First Time
20 January 2021 - 8:45AM
Dow Jones News
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
customers.
Write to Micah Maidenberg at micah.maidenberg@wsj.com and Joe
Flint at joe.flint@wsj.com
(END) Dow Jones Newswires
January 19, 2021 16:30 ET (21:30 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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