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Asharq Al-Awsat
Asharq Al-Awsat
Technology
Asharq Al-Awsat

Netflix Soars to 230 mn Subscribers, Co-founder Steps Down

Netflix Reed Hastings Entertainment United States
Netflix says subscribers sharing accounts with other households is among its growth challenges. CHARLY TRIBALLEAU AFP/File

US streaming giant Netflix ended last year with more than 230 million global subscribers, it said Thursday, beating analysts' expectations as hits such as "Wednesday" and "Harry & Meghan" enticed new viewers.

"2022 was a tough year, with a bumpy start but a brighter finish," the company said in a letter announcing bumper fourth quarter earnings.

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