Popular original series such as the “Squid Game” and live sports such as the Jake Paul versus Mike Tyson fight helped Netflix cross the threshold of 300 million subscribers and report record revenues and operating income. The company’s stock jumped to new highs, adding hype to the tech sector during the regular trading session on Jan. 22.
On Jan. 21, the California-based streaming and production services reported adding 19 million subscribers for the fourth quarter of 2024, exceeding the most optimistic analyst expectations. This is on top of 5 million subscribers in the third quarter and 8.8 million in the second quarter, bringing the total number of subscribers to 302 million….