Netflix is overtaking traditional film and television companies.Image: keystone
The video streaming market leader Netflix has broken the 325 million customer mark.
01/21/2026, 04:2901/21/2026, 04:29
It is the first update on user numbers in a year. Netflix ended 2024 with 301.6 million paying customers.
In the last quarter, Netflix increased sales by 17.6 percent year-on-year to a good twelve billion dollars. The bottom line was that a profit of $2.42 billion remained in the coffers – around 29 percent more than a year earlier.
Expensive takeover plans
Netflix is currently trying to take over the studio and streaming business of Hollywood veteran Warner Brothers. Netflix announced when it presented its quarterly figures that share buybacks would be suspended for the deal worth around $83 billion. US companies often support the prices of their securities with share buybacks.
Netflix shares temporarily fell by around five percent in after-hours trading. Since the Warner takeover plans became known, the stock had lost around 30 percent of its value. Netflix then decided not to include a stock component in the deal and wants to pay the purchase price in cash.
The streaming giant is in a bidding war with the Hollywood group Paramount, which wants to completely take over Warner Bros. Discovery for more than $100 billion, including TV channels such as CNN. (sda/dpa)