The company has found a way to grow subscribers and invest in new content, thanks to a combination of factors including:
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A strong lineup of original shows and movies.
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A focus on international markets.
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A new ad-supported subscription tier.
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A crackdown on password sharing.
Netflix is on a roll! The company added 4.4 million new subscribers in Q3 2023 and plans to invest $17 billion in content this year, more than any other streaming service.