Netflix is winning the streaming wars. The new numbers are in — and it's not even close.

hl.co.uk:

We don’t support this browser anymore.
This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

Newsroom

Newsroom articles are published by leading news agencies. Hargreaves Lansdown is not responsible for an article's content and its accuracy. We may not share the views of the author.

HL Podcast

HL Insight

Netflix is still riding high while other streamers struggle to catch up — and its fourth-quarter earnings report is further evidence of its lead.

Article originally published by Business Insider. Hargreaves Lansdown is not responsible for its content or accuracy and may not share the author's views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.

Published by

24 Jan 2024

Netflix is still riding high while other streamers struggle to catch up — and its fourth-quarter earnings report is further evidence of its lead.

The dominant streamer just had its best Q4, adding 13.1 million global subscribers for a total of more than 260 million.

This growth widens its lead over newer competitors like Disney+, its closest streaming rival, which trails far behind with 150 million global subscribers.

Its dominance also shows up in video viewing share. Nielsen data shared by Netflix showed the streamer had 8% share in the US in December, versus 5% for Disney+/Hulu and 3% for Amazon's Prime Video.

Netflix's most recent quarter shows how the streamer has managed to stay on top despite an ever-changing and increasingly competitive entertainment business.

It's done it by churning out hit after hit, diverse titles that appeal to nearly every taste out there.

Netflix pointed to