Netflix tops 200 million subscribers for the first time

News

(Associated Press) – Netflix ended last year with more than 200 million subscribers.

The streaming giant is also saying it added a record 37 million subscribers in 2020 powered by people being left homebound by the pandemic.

Company shares were up 12 percent in after hours trading.

However, the streaming service began this year by increasing its price to 14 dollars a month.

It is the first price hike since 2019.

Copyright 2021 Nexstar Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.