Netflix has announced yet another price hike in the US after revealing that it crossed a new 300 million subscribers milestone yesterday. The price hike will also affect other countries such as Canada, Argentina and Portugal, though we’re still awaiting confirmation for the inevitable South African price hike.
As reported by IGN, Netflix recently announced a record growth during its full year 2024 earnings, showing 19 million new subscriptions during Q4 and 41 million from the year, now bringing its overall number of subscribers to over 300 million (302 million, to be precise).
“We’ll add a new annual guidance on a revenue range to give you a little bit more of a longterm view. We’re not gonna be silent on members as well. We’ll periodically update when we grow and we announce certain major milestones, it’s just not going to be part of our regular reporting. And we want to do all of this thoughtfully and give everyone time to transition, so we’re gonna report subscribers until Q1 of next year, which links into our new annual revenue guidance for 2025.”
Writer. Enthusiast of all things geek. Legend has it he completed Final Fantasy VII without a memory card.
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