{"id":111585,"date":"2024-01-24T21:04:12","date_gmt":"2024-01-24T21:04:12","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/netflix-adds-13-1m-subscribers-in-4th-quarter"},"modified":"2024-01-24T21:54:04","modified_gmt":"2024-01-24T21:54:04","slug":"netflix-adds-13-1m-subscribers-in-4th-quarter","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/netflix-adds-13-1m-subscribers-in-4th-quarter","title":{"rendered":"Netflix adds 13.1M subscribers in 4th quarter"},"content":{"rendered":"

Africa-Press – Kenya. <\/strong><\/span>Netflix added a record 13.1 million subscribers in the fourth quarter of last year, according to its financial results released late Tuesday.<\/p>\n

The online streaming platform saw its paid subscribers reaching to 260.8 million as of end-2023.<\/p>\n

Its per-share earnings came in at $2.11 during the three months through December 2023, below market estimates due to currency exchange rates led noncash loss.<\/p>\n

Net income hit $937.8 million in October-December 2023, surging from $55.3 million in the same period in 2022.<\/p>\n

The company’s fourth quarter revenue rose 12.5% year-on-year to $8.83 billion, from $7.85 billion.<\/p>\n

Netflix revised its 2024 full-year operating margin forecast upwards to 24%, from a range of 22% to 23%.<\/p>\n

For More News And Analysis About Kenya<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Netflix added a record 13.1 million subscribers in the fourth quarter of last year, according to its financial results released late Tuesday. The online streaming platform saw its paid subscribers reaching to 260.8 million as of end-2023. Its per-share earnings came in at $2.11 during the three months through December 2023, below […]<\/p>\n","protected":false},"author":84,"featured_media":111584,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[6857,7003,544,6076],"class_list":["post-111585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-kenya","tag-kenya","tag-netflix"],"yoast_head":"\nNetflix adds 13.1M subscribers in 4th quarter - kenya<\/title>\n<meta name=\"description\" content=\"Netflix added a record 13.1 million subscribers in the fourth quarter of last year, according to its financial results r ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/netflix-adds-13-1m-subscribers-in-4th-quarter\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Netflix adds 13.1M subscribers in 4th quarter\" \/>\n<meta property=\"og:description\" content=\"Netflix added a record 13.1 million subscribers in the fourth quarter of last year, according to its financial results r ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/netflix-adds-13-1m-subscribers-in-4th-quarter\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-01-24T21:04:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-24T21:54:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/01\/sm_1706119633.200069.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/netflix-adds-13-1m-subscribers-in-4th-quarter#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/netflix-adds-13-1m-subscribers-in-4th-quarter\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Netflix adds 13.1M subscribers in 4th quarter\",\"datePublished\":\"2024-01-24T21:04:12+00:00\",\"dateModified\":\"2024-01-24T21:54:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/netflix-adds-13-1m-subscribers-in-4th-quarter\"},\"wordCount\":117,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/netflix-adds-13-1m-subscribers-in-4th-quarter#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2024\/01\/sm_1706119633.200069.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Kenya\",\"Kenya\",\"Netflix\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/netflix-adds-13-1m-subscribers-in-4th-quarter#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/netflix-adds-13-1m-subscribers-in-4th-quarter\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/netflix-adds-13-1m-subscribers-in-4th-quarter\",\"name\":\"Netflix adds 13.1M subscribers in 4th quarter - 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