Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner.

Netflix crosses global subscriptions milestone and hints at more Bridgerton

Phoebe Dynevor starred in Bridgerton, a major hit for Netflix (Liam Daniel/Netflix/PA)
Phoebe Dynevor starred in Bridgerton, a major hit for Netflix (Liam Daniel/Netflix/PA)

Netflix now has more than 203 million subscribers around the world, the streaming giant said.

It attracted 8.5 million subscribers between October and December 2020, for a record total of 37 million added over the year, the company said.

Netflix’s annual revenue was 25 billion dollars (£18.3 billion), a 24% rise on the previous year, it said in a quarterly letter to shareholders.

Bridgerton
Rege-Jean Page stars in Bridgerton, which has proved to be a huge hit for Netflix (Liam Daniel/Netflix/PA)

Its subscriber numbers mean it is far and away the most popular streaming platform in an increasingly competitive market, with nearest rival Disney+ reaching 86.8 million global subscribers in December.

Backed by its vast content offering, Netflix enjoyed a bumper 2020 as large swathes of the world were forced indoors to shelter from the pandemic.

In its letter to investors, the California-based company shared viewing figures for some of its most popular TV shows and films.

It said The Crown’s recent fourth season was its most successful ever and more than 100 million households have now watched the drama since it launched.

Raunchy period drama Bridgerton has proved to be “immensely popular”, Netflix said, promising “exciting news” about the show later this week.

The largest film of the fourth quarter was George Clooney’s The Midnight Sky, Netflix said, with an estimated 72 million households watching the movie in its first four weeks.

Family film We Can Be Heroes was another success, the company said, with a projected 53 million households tuning in during its first four weeks.

The Midnight Sky
Felicity Jones starred in George Clooney’s The Midnight Sky, another hit for Netflix (Netflix/PA)

And Christmas film Holidate, starring Emma Roberts, was watched by 68 million households in its first month on offer.

Netflix measures a view as any piece of content being watched for at least two minutes, which it considers long enough to indicate the choice was intentional.

Netflix also acknowledged the crowded streaming market, name-checking some of its biggest competitors including the fast-growing Disney+.

“It’s a great time to be a consumer of entertainment,” the letter said. “There are a wealth of options ranging from linear TV to video gaming to user generated content on YouTube and TikTok.

“We continue to work hard to grow our small share of screen time against these major competitors.”

Outlining its approach, Netflix said: “Our strategy is simple: if we can continue to improve Netflix every day to better delight our members, we can be their first choice for streaming entertainment.

“This past year is a testament to this approach. Disney+ had a massive first year (87 million paid subscribers!) and we recorded the biggest year of paid membership growth in our history.”

Netflix was founded in 1997 and initially sold and rented DVDs by mail. Its growth rocketed from 2013 after it started investing in its own content.

Already a subscriber? Sign in

[[title]]

[[text]]