Netflix added a record 19 million subscribers in holiday quarter

Dawn Chmielewski - Reuters - 21/01
Netflix added 18.9 million subscribers in its holiday quarter, blowing past Wall Street's forecasts, with live sporting events and the return of its popular South Korean series "Squid Game" attracting a record number of new customers, the company reported on Tuesday.
Jan 21 (Reuters) - Netflix (NFLX.O), opens new tab added 18.9 million subscribers in its holiday quarter, blowing past Wall Street's forecasts, with live sporting events and the return of its popular South Korean series "Squid Game" attracting a record number of new customers, the company reported on Tuesday.
The streaming giant said that as it continues to invest in programming that its members value, it will increase prices for the service for most plans in the U.S., Canada, Portugal and Argentina. In the U.S., the basic service with ads would increase by $1 a month to $7.99, a 14% price increase, while the premium package will cost $24.99, an increase of 9%.
Shares of Netflix surged about 10% in extended trade, lifting its stock market value by almost $40 billion.
Netflix said its fourth-quarter programming slate surpassed its internal ...
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