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Netflix subscribers rise 13m amid password-sharing clampdown

:Headline: Netflix subscribers rise 13m amid password-sharing clampdown:
Netflix reports its best Q4 since 2020, with 13.1 million subscribers added in the run-up to Christmas.
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Netflix added 13.1 million subscribers in the final quarter of 2023 - the streamer's best Q4 since 2020.

The impressive figures were driven by a clampdown on password-sharing and a growth in uptake for the new cheap 'with ads' subscription package.

Netflix now boasts 260.28 million subscribers worldwide - the market leader, ahead of Amazon's Prime Video on 200 million and Disney+ with 150.2m.

In a statement to investors, the company said: "We believe there is plenty of room for growth ahead as streaming expands, and our north star remains the same: to thrill members with our entertainment.

"If we can continue to improve Netflix faster than the competition, we'll have an increasingly valuable business – for consumers, creators and shareholders."

The news comes as the streaming service is due to become the new global home for WWE programming and events from January 2025. body check tags ::

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