Ben Silverman, Propagate Content chairman, joins 'Closing Bell Overtime' to talk Netflix earnings, its advertising growth, other players in the streaming space, and more.
David Joyce, Seaport Research Partners senior analyst, reacts to Netflix's quarterly earnings and subscriber growth on "Bloomberg The Close." Netflix closed 2024 with its biggest quarterly subscriber gain in history, benefiting from its first major live sporting events and the return of Squid Game.
CNBC's Julia Boorstin, Paul Hickey, Bespoke Investment Group co-founder, and Mark Mahaney, Evercore ISI head of internet research, joins 'Closing Bell Overtime' to talk Netflix earnings and stock reaction.
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Netflix is increasing the cost of its streaming plans in the U.S., including the cheaper, ad-supported tier. The company said it will also hike most of its membership plans in Canada, Portugal and Argentina.
Leveraging momentum from its recent surge in subscribers, Netflix is raising prices on subscription plans in the U.S. and other territories. The company's low-cost tier with advertising is going to $7.99 a month in the U.S., up from the $6.99 level where it started in 2022.
"We enter 2025 with strong momentum," Netflix said in its note to investors, saying it added a record 41 million subscribers in 2024 and re-accelerated growth.
Today's postmarket earnings posted numbers that excited investors. Netflix's (NFLX) addition of 19 million subscribers during the quarter helped skyrocket the stock after hours.
Streaming leader Netflix Inc NFLX reported fourth-quarter financial results after market close Tuesday.
Netflix (NFLX) shares skyrocketed in after-hours trading on Tuesday. The streaming giant reported better-than-expected fourth quarter results and raised its 2025 revenue forecast.
Netflix Inc (NASDAQ:NFLX, ETR:NFC) shares soared after the streaming service's strong content slate saw it add a record 18.9 million subscribers during the foruth quarter ending the year with 302 million subscribers. Analysts had expected Netflix to add about 9 million subscribers, below the 13.1 million it added in the year-ago quarter.
Netflix reported fourth-quarter and 2024 results on Tuesday. The streaming service added 19 million paid subscribers in the quarter.