Netflix celebrates record revenues and subscriber growth
Jan 21, 2019
Reporting its Q4 2018 results, Netflix has revealed its revenues grew to $16 billion and concluded the year with 139 million paying memberships.
The streaming giant’s annual revenue grew 35% to $16 billion in 2018 and nearly doubled its operating profits to $1.6 billion, while a record 8.8 million subscribers joined Netflix in the final three months of 2018.
Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.