As the company itself predicted, Netflix surpassed 200 million subscribers, reporting that 203.66 million customers currently pay for a subscription to the streaming platform. Netflix also noted that its original movies/series were nine of Google's top ten series for 2020.
Netflix is also planning to introduce a “shuffle play” feature that could help you find something to watch if you feel bored with all the suggested options the platform – the feature will be rolling out in the first half of this year.
Netflix predicts that French mystery series Lupin will have 70 million views by the end of its first 28 days of release and said that more than 100 million people have watched The Crown since its release. Other 2020 hits included Tiger King and The Queen's Gambit, with 62 million viewers in four weeks.
This came as competition increased, with Disney+, HBO Max, and Peacock all coming with support from the company's main competitors , and with the Paramount+ platform poised to change strategy for 2021. However, executives are moving forward, and the report claims that Netflix has over 500 titles in production or preparation for release.
Netflix, which has raised billions in bonds to finance its operations, said "we believe we no longer need to raise external financing for our day-to-day operations."
Information source: engadget.com
