Having a bumpy start to 2022, Netflix finished 2022 with a high score. In the fourth quarter, which ended on December 31, Netflix generated $7.85 billion in revenue. While that’s only a modest and slow year-over-year increase of 1.9 percent, the company remains firm.
No one can stop Netflix
All-time revenue for 2022 was $4.5 billion, while Netflix remained strong. It is admirable that the company has achieved so much revenue in a difficult period.
Netflix managed to attract 7.66 million new paid subscribers during the holiday season, bringing its total paid subscribers to 230.75 million. Netflix’s launch of its lower-priced but advertised plan in November is undoubtedly due to the company’s satisfaction with the economic situation.
What makes Netflix so powerful is, of course, the content produced. Netflix has released many good TV shows and movies to watch in 2022. These include the fourth season of Stranger Things and the TV series Wednesday starring Jenna Ortega, with over a billion hours of views. Other hit movies include Monster: The Jeffrey Dahmer Story, Glass Onion: A Knives Out Mystery, Purple Hearts, Harry & Meghan, and The Adam Project.