Revenues rose from $5.5 billion to $6.6 billion (£4.8 billion), up from $6.633 billion in the quarter.
Throughout the festive season, Netflix has streamed a variety of Christmas movies that work particularly well.
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“Our holiday film slate also resonated with the members. In the first four weeks, households with 68m and 61m members will watch Holidate (starring Emma Roberts) and Christmas Chronicle: Part 2 (starring Kurt Russell) respectively It chose to do so. Brazil’s first Portuguese holiday film, just another Christmas (starring Leandro Hassum), is also a 26m member household that chose to watch worldwide in the first 28 days of its release. It was a hit,” the group said in a statement.
Streaming was also helped by the closure of the film and the delays in major blockbuster films, including James Bond and Avatar 2.
The group’s stocks skyrocketed 11% in the update, up over 50% over the past year.
Alistair Thom is the CEO of free television provider Freesat, and commented on the streaming service update: I’m watching TV at home. At the heart of it is a streaming service like Netflix, where people are getting hours of harsh viewing.
“However, once things get ‘back to normal’ and other entertainment options resume, Netflix and its competitors hope to retain their newly expanded audience and retain their current viewing patterns. I’m here. ”
