Netflix

Netflix Added Record 8.3 Million Subs Last Quarter, Will Test 15-Minute Stand-Up Special Format

Netflix added 8.3 million subscribers last quarter for a global total of 110.6 million — marking the highest quarterly subscriber gain in the company’s history. (1.98 million of those subscribers were in the U.S.) The company also clocked $3.28 billion in revenue in Q4 — a 33% increase over the same period last year.

The figures exceeded Netflix’s own projections, Deadline reports, and can be attributed to popular originals like its first-ever blockbuster-sized feature film, Bright, which was panned by critics. (A sequel is on the way). CEO Reed Hastings said that Bright became one of Netflix’s most-viewed original titles ever during the first month of its release. Despite these encouraging numbers, however, Hastings cautioned investors about increasing competition in the streaming space from Amazon, which is in the midst of a leadership and strategy shakeup

, and Apple, which has announced a string of high-profile projects in recent months.

In addition to its healthy earnings, reports also surfaced today that Netflix will test a series of 15-minute-long stand-up specials this year with up-and-coming comedians. The specials will be taped next month in Atlanta, per Deadline, and will feature Aisling Bea, Michelle Buteau, Tim Dillon, JR De Guzman, Sabrina Jalees, Janelle James, Sam Jay, Josh Johnson, Ian Karmel, Jak Knight, Matteo Lane, Max Silvestri, Taylor Tomlinson, Phil Wang, Emma Willmann, and Kate Willett.

Subscribe for daily Tubefilter Top Stories

Subscribe

In the past, Netflix has partnered with the likes of Tracy Morgan and Sarah Silverman for feature-length comedy specials.

Share
Published by
Geoff Weiss

Recent Posts

Twitch is using AI to figure out which streamers shouldn’t get ad dollars

Twitch is using AI to figure out which streamers shouldn't get ad dollars. CEO Dan…

9 hours ago

TikTok wants creators to see green: Its latest fintech feature will pay them for brand deals within 30 days

#FinTok is taking on a whole new meaning. With its ecom hub TikTok Shop expected…

10 hours ago

Facebook goes back to the Forum age with its new app

Dust off your avatar, prepare your HTML tags, and get ready to ask "ASL," because…

12 hours ago

Let’s go to the highlight reel: Twitch is helping creators turn their Clips into stream “recaps”

Watching Twitch streams can be great fun, but who has the time to devote multiple hours…

13 hours ago

The Academy is all-in on YouTube’s Oscars broadcast: “It almost feels risky not to do it”

Last year, the Academy of Motion Picture Arts and Sciences (AMPAS) announced a new distributor for the…

15 hours ago

Twitch’s viewership is up year-over-year. Are clips the reason?

Clipping is the creator growth strategy du jour. To get people's attention on their livestreams…

2 days ago