Tag: NASDAQ: NFLX
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Netflix’s Remarkable Q4 Growth: Subscriber Surge and Strategic Shifts”
Shares of Netflix (NASDAQ:NFLX) jumped 7% after the closing bell Tuesday, following the announcement of a significant increase in subscribers. The streaming giant added 13.1 million subscribers in the fourth quarter, bringing its total to 260.8 million paid subscribers. This growth exceeded expectations set in October, when Netflix reported adding 8.76 million paid memberships in…
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Netflix Invests $2.5 Billion In South Korea To Produce TV Shows And Movies
Netflix said on Tuesday that it plans to invest $2.5 billion in South Korea over the next four years to produce Korean TV series, movies and reality shows. This investment is twice the amount Netflix has invested in the Korean market since 2016. The US streaming service’s investment was announced after a meeting between South…