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Netflix Seeks Higher Revenues by Reaching More Subscribers Despite Ongoing Economic Downturn

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Netflix reported its fourth-quarter earnings on Jan. 19 showing growth in subscribers. The company added 7.66 million subscribers in the most recent quarter. Reed Hastings will leave his position to take the executive chairman position at Netflix. Greg Peters, the COO, has been named co-CEO alongside Ted Sarandos.



Too Long; Didn’t Read

Netflix reported its fourth-quarter earnings on Jan. 19 showing growth in subscribers. The company added 7.66 million subscribers in the most recent quarter. Reed Hastings will leave his position to take the executive chairman position at Netflix. Greg Peters, the COO, has been named co-CEO alongside Ted Sarandos.


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