NETFLIX TOPS 325 MILLION PAID SUBSCRIBERS

Wed 21 January 2026:

US streaming service Netflix has passed 325 million subscribers worldwide, reporting on Tuesday its first update on customer numbers in a year.

The company ended 2024 with 301.6 million paying customers.

In the past quarter, Netflix lifted revenue by 17.6% year-on-year to just over $12 billion. Net profit reached $2.42 billion, up nearly 29% from a year earlier.

Netflix is currently seeking to acquire the studio and streaming business of Hollywood heavyweight Warner Bros Discovery. To fund the roughly $83-billion deal, Netflix said it would suspend share buybacks, announcing the move alongside its earnings report.

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US companies often use buybacks to help support their share prices.

Netflix shares fell by up to 5% in after-hours trading. Since reports of the Warner Bros takeover plans first emerged, the stock has lost around 30% of its value.

Netflix subsequently dropped plans to include shares in the transaction and said it would pay the purchase price in cash.

The streaming giant is locked in a bidding battle with Paramount, which is seeking to buy Warner Bros Discovery outright in a deal valued at more than $100 billion, including television networks such as CNN.

-DPA

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