Netflix ended its best year in company history with a bang. The company was able to win a surprising number of customers at a high level. From now on it should not burn any more money to further expand the entertainment empire.
Netflix remains on the road to success. The world’s leading paid streaming service has benefited in recent months, among other things, from the high demand due to the pandemic, in which consumers are more likely to spend time in their own four walls than before. In addition, there is a certain structural change from conventional media offers to streaming. For these reasons he was able to acquire 8.5 million new customers in the last quarter of last year. The popularity of popular series such as “The Queen’s Gambit”, “Normal People”, “The Last Dance”, “I May Destroy You” or “Tiger King” may have contributed to this.