Netflix adds record 19 million subscribers in holiday quarter, stock soars
Entertainment
Netflix added 18.9 million subscribers in its holiday quarter, blowing past Wall Street's forecasts, with live sporting events and the return of its popular South Korean series Squid Game attracting a record number of new customers, the company reported on Tuesday (Jan 21). The streaming giant said it will increase prices for most service plans in the US, Canada, Portugal and Argentina as it spends more on programming. In the US, the basic service with ads would increase by US$1 a month to US$7.
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