💨 Abstract

Netflix reported a record number of subscribers in Q4, reaching nearly 302 million globally. The streaming giant attributed this growth to a mix of live sports, popular series, and special events like Beyonce's halftime performance. Netflix raised prices in several countries and introduced an ad-supported tier. The company's stock surged 13%, increasing its market value by almost $50 billion.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖