His revenues Netflix grew in the final quarter compared with the same period past year by more than a quarter to almost $ 4.2 billion. Top that off with an additional 1.5 million domestic subscribers that joined the service, and the company gained a total of 8.8 million subscribers in the quarter.
"I think about it really as us winning time away, entertainment time, from other activities", Reed Hastings, Netflix's CEO, said in the interview. From a direct-to-door DVD delivery service to the premiere content streamer in the world, Netflix is at the top of its game. Analysts were expecting 7.23 million worldwide adds and 1.77 million domestic.
Previous price hikes had little impact on subscriber growth and so will be this time, said analysts.
Shares of Netflix Inc fell almost 5 percent on Friday, as investors looked past its record subscriber numbers and instead focused on its lower-than-expected revenue forecast for the first quarter.
Netflix original film "Bird Box" has been viewed by more than 80 million households since its release last month, and even inspired people to video themselves doing things blindfolded like characters in the thriller.
While that's just a sample of what Netflix has on the release slate for this year, the streaming giant has much, much more in production - making it quite evident that they're serious about investing in original content for the future.
Teens facing expulsion for taunting Native American man
Then, he said , the Native American protesters approached the students, including Mr Phillips, who was playing his drum. This behavior is opposed to the church's teachings on the dignity and respect of the human person", they said.
Netflix's Bird Box is inciting new outrage among viewers-and this time it has nothing to do with that unsafe viral challenge. Who would have known that when it dropped in December, it would go on to become Netflix's most streamed film ever in a seven day period.
It forecast first-quarter revenue of $4.49 billion, slightly behind analysts' average estimate of $4.61 billion.
In the fourth quarter, the streaming platform added 1.53 million domestic subscribers and 7.31 million global subscribers, both topping Wall Street estimates.
The company said on Thursday it would "continue to finance our working capital needs through the high-yield market" for as long its marginal after-tax cost of debt is lower than the cost of equity. Analysts expected EPS of 24 cents on revenue of $4.21 billion.
Few days before Netflix's earnings, the Company raised its subscription price again.
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Netflix investment in content will be "more of the same, but on a continued and larger scale", said chief content officer Ted Sarandos.