
The company's ad-supported tier will cost $7.99 a month, up from $6.99, while the cost of the premium tier is increasing by $2 to $24.99.
Netflix said Tuesday that it brought in 18.9 million new subscribers in the fourth quarter, a 44% increase from a year earlier, and raised its 2025 revenue guidance slightly.
Shares in the company jumped more than 14% in after-hours trading.
The streaming service beat its revenue and profit projections for the fourth quarter as fans flocked to watch the second season of "Squid Game," one of the most-watched seasons for any of the company's original series. The action thriller "Carry-On" vaulted into the top 10 all-time films on the service.
Netflix has also pushed deeper into livestreaming events, including a November heavyweight boxing match between Jake Paul and Mike Tyson. The match drew 60 million households globally despite technical hiccups.
This story is from the January 22, 2025 edition of The Wall Street Journal.
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This story is from the January 22, 2025 edition of The Wall Street Journal.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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