Netflix Sees Record Quarter Growth Thanks to Sports and Squid Game

Netflix surpassed expectations with a record-breaking quarterly subscriber gain, thanks to its live sporting events and the return of popular series “Squid Game”. The company added 18.9 million new customers in Q4 2024, bringing its global total to over 300 million subscribers. This represents more than double the predicted growth and marks the end of regular quarterly customer updates. Netflix’s previous highest gain was 15 million in the first quarter of 2020, driven by the pandemic.

Source: https://www.bloomberg.com/news/articles/2025-01-21/netflix-posts-record-quarter-thanks-to-live-sports-squid-game