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The Independent UK
The Independent UK
National
Michael Liedtke

Netflix's 4Q subscribers surge, long-time CEO passes baton

Netflix Reed Hastings Ted Sarandos Greg Peters
Copyright 2022 The Associated Press. All rights reserved

Netflix is growing again, suggesting that a range of recent initiatives have helped turned around the fortunes at the company.

After a quarter that saw it introduce a cheaper, ad-supported tier as well as launch a crackdown on password sharing, Netflix managed to gain subscribers – after reporting in recent results that it had lost them overall, for the first time in years.

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