Netflix subscriber growth surges as service unwraps best holiday season results

Netflix registered its third-consecutive quarter of accelerating subscriber growth in the final three months of 2023, closing out a comeback year which included a crackdown on viewers freeloading on the video-streaming service and a series of price hikes (Richard Drew/AP)

Netflix registered its third-consecutive quarter of accelerating subscriber growth in the final three months of 2023, closing out a comeback year which included a crackdown on viewers freeloading on the video-streaming service and a series of price hikes.

The fourth-quarter results announced on Tuesday provided evidence that Netflix was able to come up with a formula that produced a spike in subscribers even as it became more expensive to watch its lineup of TV shows and movies.