At its latest earnings call on Tuesday, Netflix reported a net subscriber addition of 8.8 million, most of which came from outside the United States. According to the company, it ended Q4, 2019, with 167 million paid subscribers globally, more than 100 million of which are in international markets. It also reported higher-than-projected revenues, which stood at $4.5 billion for the quarter, bringing its total 2019 revenues to more than $20 billion.
Netflix, meanwhile, is seemingly putting up a brave front in the face of the continuing onslaught from new streaming platforms, saying that it believes that there’s enough room for multiple new services as the streaming market continues to grow and conventional TV continues to decline in the coming days.
