The video streaming service leaped 53 spots to No. 261 on this year’s Fortune 500 as revenue ballooned 32.4%, profits soared, and its market cap topped $100 billion for the first time. In its 21st year in business, Netflix had its best-ever quarter in terms of new subscribers when it added 8.33 million in Q4 for a total of 24 million new memberships for the year. That growth is being driven, in part, by hit original series like The Crown, Black Mirror, and Stranger Thing, which have cemented Netflix’s dominance in the video content space.
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News about Netflix
The service will offer movies and TV shows from Disney’s Marvel, Pixar, and other brands.
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Privacy campaigner Max Schrems and his NOYB non-profit have laid complaints against Apple, Amazon, YouTube, Spotify, Netflix and SoundCloud.
BirdBox was streamed in 80 million homes, while new shows You and Sex Education were watched in 20 million homes each.