The company has found a way to grow subscribers and invest in new content, thanks to a combination of factors including:
A strong lineup of original shows and movies.
A focus on international markets.
A new ad-supported subscription tier.
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.