NETFLIX now has more than 200million subscribers around the world.
The online streaming giant has gained around 37million new members in just a year.
Netflix has soared to immense popularity with the help of shows like The Queen’s GambitCredit: Netflix
It meant Netflix was able to turn over a whopping $25billion in annual revenue.
The total subscriber figure now standards at 203.7million users.
Netflix released wildly popular shows last year, including The Queen’s Gambit, Emily in Paris and Bridgerton.
Other content that drew in watchers included the Tiger King docs-series, and a return of The Crown.
Bridgerton was one of 2020’s biggest hitsCredit: Netflix
The success comes despite a recent price hike in the USA – and a rise to £13.99 for the top subscription in the UK.
Netflix has changed dramatically since it first launched back in 1997.
The service originally offered DVD sales and rentals via post.
But eventually the firm switched to a rental-only business model.
Then in 2007, Netflix introduced over-the-internet streaming – as an add-on to the standard rental offering.
This saw the firm balloon in popularity, as there were very few ways to stream movies at the time.
Netflix users – how has the app grown?
Here’s how many users Netflix had at the end of each year…
- 2013 – 41.43million
- 2014 – 54.48million
- 2015 – 70.84million
- 2016 – 89.09million
- 2017 – 110.64million
- 2018 – 139.26million
- 2019 – 167.09million
- 2020 – 203.6million
In 2013, Netflix changed again with the production of its own content – including the debut series House of Cards.
Netflix began as a US-only firm, but by 2016 was operating in 190 countries.
And the firm now spends billions of dollars a year producing its own content.
In other news, beware this convincing Netflix scam.
A new tool called “Bufferi.ng” claims it can help people fake a bad video call connection so you can take a break from meetings.
And a dangerous Amazon gift card scam emerged last month that can steal your bank account details in seconds.
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