Netflix handily beat growth expectations in the fourth quarter, adding 13.1 million subs globally, while throwing cold water on speculation that it might want to acquire Paramount Global. In a letter to shareholders outlining its Q4 2023 financial results, the company told investors that they are not interested in acquiring linear assets and expressed doubts that more consolidation will materially change the competitive landscape.
Netflix Adds 13.1M Subs, Beats Growth Expectations
24/01/2024
Netflix handily beat growth expectations in the fourth quarter, adding 13.1 million subs globally, while throwing cold water on speculation that it might want to acquire Paramount Global. In a letter to shareholders outlining its Q4 2023 financial results, the company told investors that they are not interested in acquiring linear assets and expressed doubts that more consolidation will materially change the competitive landscape.
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