Netflix has been foraying into live sports with a recent slate that included the Jake Paul-Mike Tyson boxing match and NFL on Christmas Day. Looking ahead, though, the streamer says it isn’t focused on acquiring the rights to large, regular-season sports packages. “Rather, our live strategy is all about delivering can’t-miss, special event programming,” the company says. It plans to continue streaming live sports, such as FIFA’s Women’s World Cup in 2027 and 2031, and is interested in airing more comedy specials following the success of “The Roast of Tom Brady.” “Although our live programming will likely be a small percentage of our total view hours and content expense, we think the eventized nature will result in outsized value to both our members and our business,” it says.

Netflix says a top priority in 2025 will be to improve its offering for advertisers in order to substantially grow its advertising revenue. The streaming giant launched its first-party ad tech platform–which the company says allows it to better deliver critical capabilities to advertisers including expanded programmatic availability, enhanced targeting and additional measurement and reporting–in Canada in November. It will expand the platform to its remaining ad countries this year, starting with the U.S. in April. The platform is benefiting from the popularity of the streamer’s ad-tier memberships, which accounted for over 55% of sign-ups in 4Q.

Netflix (NFLX) reported Q4 earnings late Tuesday of $4.27 per diluted share, up from $2.11 a year earlier. Analysts polled by FactSet expected $4.21. Revenue for the quarter ended Dec. 31 was $10.25 billion, up from $8.83 billion a year earlier. Analysts surveyed by FactSet expected $10.11 billion. The company expects Q1 diluted EPS of $5.58 on revenue of $10.42 billion. Analysts polled by FactSet expect EPS of $5.97 on revenue of $10.49 billion. Shares of the company were up 14% in recent after-hours activity.

Streaming leader Netflix Inc (NASDAQ:NFLX) reported fourth-quarter financial results after market close Tuesday. Here are the key highlights. What Happened: Netflix reported fourth-quarter revenue of $10.25 billion, up 16% year-over-year. The revenue total beat a Street consensus estimate of $10.11 billion according to data from Benzinga Pro. The company reported earnings per share of $4.27 for the quarter, beating a Street consensus estimate of $4.19. Netflix reported it added 18.91 million paid subscribers in the fiscal quarter, up 15.9% year-over-year. The company ended the quarter with 301.63 million paid subscribers. Average revenue per member was a up 1% year-over-year in the quarter. “Our Q4 slate outperformed even our highest expectations,” the company said. Highlights cited by the company included a second season of “Squid Game,” “Carry-On,” the Jake Paul vs. Mike Tyson boxing match and the NFL Christmas Day games. Operating income topped $10 billion for the first time in company history for

Netflix’s (NFLX) fourth-quarter results exceeded estimates as the streaming giant reported a record addition of new subscribers. Revenue increased 16% year-over-year to $10.25 billion, topping the consensus on FactSet for $10.11 billion. Per-share earnings climbed to $4.27 from $2.11 a year earlier, higher than the Street’s $4.21 GAAP view. Netflix’s global paid net additions totaled 18.91 million in the fourth quarter, well above consensus of 10.18 million. The company a year earlier reported net additions of 13.12 million. Netflix’s shares were up 13% in after-hours trade. “Membership growth was driven by broad strength across our content slate, improved product/market fit across all regions and typical (fourth-quarter) seasonality,” the streaming service said in a letter to shareholders. The company said that growing advertising revenue will be a “top priority” in 2025. Having launched a first party ad tech platform in Canada late last year, Netflix plans to roll out a similar

Netflix Co-Chief Executive Ted Sarandos says on a call with analysts that the wildfires in Southern California won’t cause any meaningful disruptions to the streaming giant’s Los Angeles-based productions or cash-content spending in 2025. He says the company’s goal is to keep productions on schedule, while aiding relief efforts and being mindful of those who need time to work through the challenges of the fires. “This industry has been through a really tough couple of years, starting with Covid, going into the strikes and now this,” he says. “So it’s really important that we try not to delay anything and try to make sure that these jobs stay safe.” Shares jump 14% on surging demand and sharp subscriber gains in 4Q.

The following is a summary of the Netflix, Inc. (NFLX) Q4 2024 Earnings Call Transcript: Financial Performance: Netflix reported a strong end to 2024 with significant revenue contributions from both domestic and international markets, emphasizing a robust quarter without major financial setbacks due to operational disruptions. The price increases implemented have aligned smoothly with their market growth. Subscription growth excelled with 19 million additional subscribers in Q4, credited to a broad and diverse content library, not specifically dependent on live events or blockbuster titles. Operating margins improved as a result of strategic cost management, aligning selling, general, and administrative expenses with revenue growth and maintaining disciplined content spending, expected to rise from $17 billion in 2024 to around $18 billion in 2025. Business Progress: Netflix’s advertising plan has substantially increased its subscriber base, achieving rapid growth with 55% of sign-ups in Q4 coming from their new advertising model. Engagement with