Video streaming giant Netflix had a total net income of nearly *** billion U.S. dollars in 2024, whilst the company's annual revenue reached around ** billion U.S. dollars. Six years earlier, at the end of 2018, the figure stood at *** million subscribers. The fiscal year end of the company is December 31. The growth of Netflix Netflix was launched in the United States in 1998, functioning as a digital DVD rental store and placing itself squarely in competition with Blockbuster. The company launched its streaming video service in 2007, and just over a decade later Netflix secured the title of the streaming service with the most subscribers in the world. Investing in own content Netflix now offers a wealth of original content as well as content from niche and emerging directors, multiple foreign-language movies and a significant amount of highly-acclaimed and popular films from Hollywood and other markets. Netflix’s worldwide video content budget surpassed ** billion U.S. dollars in 2023, marking a nearly three-fold increase since 2016. The streaming platform has become known for its many original shows reaching fans across the globe, including "Stranger Things," "Orange is the New Black," and "13 Reasons Why."
In the fourth quarter of 2024, Netflix generated total revenue of over **** billion U.S. dollars, up from about *** billion dollars in the corresponding quarter of 2023. The company's annual revenue in 2024 amounted to around ** billion U.S. dollars, continuing the impressive year-on-year growth Netflix has enjoyed over the last decade. Netflix’s global position Netflix’s revenue has been heavily impacted by its ever-growing global subscriber base. The leading Netflix market is Europe, Middle East, and Africa, surpassing the U.S. and Canada in terms of subscriber count. Netflix has also significantly increased its licensed and produced content assets since 2016. Despite concerns among investors that the company’s content spend was negatively affecting cash flow, Netflix’s plans to amortize its content assets long-term along with generating revenue from other sources such as licensing and merchandise should ensure the company’s future profitability. Netflix’s original content Netflix is also fortunate in that many of its original shows have been a hit with consumers across the globe. Shows such as “Orange is the New Black,” “Black Mirror,” and “House of Cards” won the hearts of subscribers long ago, but newer content such as English-language shows “Bridgerton,” “Wednesday,” and “Stranger Things,” as well as local TV shows such as “Squid Game” have also been favorably reviewed and proved popular among users.
Netflix reported a net income of over *** billion U.S. dollars in the fourth quarter of 2024, around double the amount recorded a year earlier. Its revenue and subscriber base also increased and even beat expectations. Netflix’s profit compared to other DTC businesses Despite Netflix recording the highest expenses among major streaming services worldwide, it is one of the very few companies in the direct-to-consumer streaming business making money. In 2023, the operating profit of Netflix amounted to around ***** billion U.S. dollars, while Paramount, for example, reported DTC losses of nearly *** billion U.S. dollars that year. Disney’s losses exceeded *** billion U.S. dollars. Netflix’s content expenditure flattens However, like other providers, the streaming giant implemented several measures to reduce churn and costs. For example, Netflix’s content spending will probably not continue to increase, but will remain stable in the years ahead. The company already abruptly stopped further production of TV series seasons like “That '90s Show” and “Unstable,” as high production costs failed to pay off and the shows were met with unsatisfied viewers.
In 2024, the total revenue of the video streaming platform Netflix amounted to approximately ** billion U.S. dollars, having grown from *** billion U.S. dollars a decade ago. The American media company's net income in 2023 stood at *** billion U.S. dollars, with a total of ****** employees working at the company worldwide. The fiscal year end of the company is December 31. Netflix annual revenue – additional information Netflix has been very successful in the last few years. The company not only leads the subscription streaming market in the U.S., but is effectively expanding its service outside North America. Along with gaining numerous subscribers worldwide, Netflix has managed to produce and distribute high-profile original shows, such as "House of Cards" and "Orange is the New Black," challenging traditional TV networks like HBO and CBS. In 2023, Netflix’s original programs received 103 Emmy Awards nominations, around double the number of nominations received 7 years previously. These are just a few indicators of Netflix’s success, which can be measured in a number of ways. Firstly, as seen in the statistic, Netflix’s annual revenue has consistently increased over the years, reaching the highest figure to date in 2023 – **** billion U.S. dollars. This figure is around ** times higher than Netflix’s annual revenue a decade ago. Netflix's originals The time that consumers dedicate to watching Netflix content is another way of indicating success. One of Netflix’s strategies has been to release TV series in bulk, so consumers are able to binge watch their favorite shows. Indeed, Netflix accounts for the highest share of most in-demand originals among global video streaming services. As a result, Netflix's streaming content obligations have increased from *** billion U.S. dollars in 2010 to over ** billion U.S. dollars in 2023.
In 2024, Netflix reported a revenue of nearly 17 billion U.S. dollars in the United States and Canada, up from around 15 billion in the previous year. The revenue generated in the North American countries was more than triple the amount brought in from Latin America and Asia Pacific. Netflix faces challenge to keep growing While the EMEA (Europe, Middle East, and Africa) region is Netflix’s second largest market in terms of revenue, the subscriber base in this region surpassed that in the U.S. and Canada for the first time in 2022. These countries experienced the most substantial combined subscriber loss when Netflix struggled to continue to grow in the same year as the service’s price has increased significantly over the past few years, leading audiences to switch to more affordable entertainment options. However, after this reported drop, the streaming giant seems to be back on track, adding around 30 million net subscribers in only one year. Consumers’ perception of Netflix Netflix has long been the SVOD market leader worldwide, despite rising competition. However, the perception of the streaming giant has taken a hit in the last few years. While the share of customers who were satisfied with Netflix amounted to 90 percent in 2021, the satisfaction rate declined below the 80 percent mark. Moreover, a survey asking users about eight different streaming services revealed that Netflix saw the highest year-over-year drops in the share of subscribers who were likely to keep the platform between 2021 and 2023.
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This dataset is about companies. It has 1 row and is filtered where the company is Netflix. It features 3 columns: free cash flow, and profits.
In the fourth quarter of 2024, SVOD platform Netflix reported its highest revenue in North America. Indeed, in the United States and Canada, Netflix's revenue amounted to over 4.5 billion U.S. dollars. In comparison, Netflix's revenue in Latin America was around 1.2 billion U.S. dollars.
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The Online Movies market was estimated at USD 23.50 billion in 2022 and is projected to reach USD 73.29 billion in 2030, growing at a CAGR of 15.47 % during the forecast year Market Dynamics of the Online Movies Market
The increasing popularity of online video streaming services will drive market
Online video streaming is one of the entertainment and film industry's fastest-growing categories. Users of video streaming services can access a variety of media online, including movies and TV shows, without having to download any files. These service providers provide both paid and unpaid services. The film entertainment industry has undergone an evolution as a result of the rise of internet streaming service providers like Netflix and Amazon Prime. In addition, changing lifestyles, and technological developments will further boost the online movies market.
The availability of illegal video content on online platforms will hamper the online movies market growth
The rising popularity of torrent apps will restrain the growth of the online movies market. A torrent is a digital file that contains metadata. Through the use of torrent files and programs like BitTorrent, users can obtain digital video material like movies. Since most of the content shared through services like BitTorrent is copyrighted and cannot be shared, using them is prohibited. These torrent files allow users to download any movie, documentary, or video for free. This deals with the requirement for a video streaming service subscription. The market also has the presence of various online videos such as Amazon, Netflix, and prime video. It is expensive for users to get a subscription to all of these services. Pikashow, torrents, and illegal Apps are adversities free and several users prefer to use torrents and do not subscribe the online video streaming services, which will hamper the growth of the online movies market
Impact of the COVID-19 Pandemic on the online movies market
COVID-19 has an effect on the demand for online movies. The pandemic resulted in lockdowns and affected many industries such as theatres but positively impacted online movies such as Netflix, and Prime Video. The outbreak also led to theatre closures, capacity constraints, and changes in the movie's theatrical timeline, all of which had a detrimental effect on the profits of various theatre operators and movie producers in the area. On the other side, policies that support working from home and social isolation have persuaded people to stay in, which has raised the appeal of online video streaming services. By providing discounts and regularly streaming new movies and web series, online movie market providers intentionally target their audience. Vendors anticipate investing in enhancing their offerings by offering movies in multiple languages in order to remain competitive. During the projected period, these factors are anticipated to accelerate the expansion of the regional online movie market. Introduction of Online Movies
Online movie services are a digital platform that allows the customer to access the services of a business. Online movies also known as streaming movies, is a digital movie that can be streamed and watched on the Internet. Online movies can be rented or purchased on websites like Amazon Prime Video, iTunes, Google Play Movies & TV, Vudu, and others. With an ad-supported subscription to platforms like Sony or Pluto TV, they can also be streamed for free. Online streaming is one of the fastest-growing segments in the movie and entertainment industry. These services provide both premium as well as free services. The movie entertainment industry has undergone an evolution as a result of the rise of internet streaming service providers like Netflix and Amazon Prime will drive the market
The content spending of Netflix worldwide amounted to around **** billion U.S. dollars in 2024, down from a targeted ** billion U.S. dollars. According to estimates, Netflix's expenditures on content will likely grow to roughly ** billion U.S. dollars in 2025. Netflix leads SVOD original content spending A forecast suggests that Netflix spent around ***** billion U.S. dollars on its own originals in 2023, ranking fifth among global media companies after Disney, Warner Bros. Discovery, Paramount, and Comcast. However, with a share of over ** percent, the streaming giant accounts for the highest amount of SVOD original content spending worldwide. Slowdown in content investments Aside from the beginning of the COVID-19 pandemic in 2020, when Netflix’s content spending fell, its investments in content have steadily increased every year. Production costs of originals, such as “Stranger Things” and “The Crown,” are reaching ever new heights. But the company is expected to plateau its content budget for the next few years, and it is not the only streaming provider that needs to keep their costs low. Following a net loss of over *** billion U.S. dollars in its direct-to-consumer segment in Q1 2023, Disney announced in February 2023 that it would be slashing **** billion U.S. dollars in costs, including both content and non-content cuts, in order to make its streaming business profitable.
In the fourth quarter of 2024, Amazon Prime Video was the most popular subscription video-on-demand (SVOD) service in the United States with a market share of ** percent, based on the users' interest in adding content to their watch lists of certain streaming platforms. Netflix followed closely with a market share of ** percent. Subscription streaming market – a money-losing business? While subscription streaming platforms increased their subscriber bases in the years 2020 and 2021 due to the measures taken during the COVID-19 pandemic, 2022 and 2023 saw services such as Netflix and Disney+ lose a substantial number of customers. Furthermore, the direct-to-consumer (DTC) businesses of large media companies are struggling to turn a profit. Paramount, for example, reported a loss of *** billion U.S. dollars for its streaming services in 2023. Streaming companies take action In order to compensate for subscriber and income losses, streaming companies implemented several strategies, such as launching more profitable ad-supported tiers, cracking down on credential sharing, laying off thousands of employees, and spending less on content. The Walt Disney Company was already able to increase DTC profits recently. Its cost-cutting measures include layoffs and savings in content spending by reducing content produced and removing TV shows and movies from its streaming services.
According to an analysis of financial key figures of video streaming services, Netflix, Disney, and Warner Bros. Discovery's DTC segment were the businesses that made operating profits in their fiscal years of 2024. Meanwhile, Paramount and Peacock suffered losses of *** and *** billion U.S. dollars.
How much does Disney make a year? The Walt Disney Company generated a net income of **** billion U.S. dollars in the fiscal year of 2024. This marks a growth of over ***** billion compared to 2020 when the company suffered a loss due to the impact of the COVID-19 pandemic, as the parks, experiences, and products segment brought in around ** billion U.S. dollars less in 2020 than in 2019. The Walt Disney Company reports its numbers based on fiscal years that end late September/early October of the corresponding calendar year. Disney’s growing dominance After a wave of acquisitions in recent years and its plans to launch its own streaming service Disney+ to rival Netflix, Disney’s growth seems almost unstoppable. The company holds stakes in ESPN, acquired 21st Century Fox in 2019 (ten years after its acquisition of Marvel Entertainment) and also took on LucasFilm Ltd. Opinions on Disney’s expansion are mixed, with diehard Hollywood fans expressing concern that the company’s constant growth and the conglomeration of individual studios will deeply affect content and change the structure of Hollywood. Indeed, this has already happened to an extent, but with so many companies under one umbrella (that is, Disney), it will be curious to see whether the movie industry in particular will change as Disney’s stronghold over the industry increases.
Disney+ has experienced remarkable growth since its launch in November 2019, reaching around 125 million global subscribers in the first quarter of 2025. The streaming service's rapid ascent is particularly noteworthy given that it took Netflix, the current market leader, about a decade to achieve similar customer numbers in a less competitive landscape. Disney's biggest streaming competitor Despite its impressive subscriber base, Disney+ faces stiff competition in the streaming market, particularly among younger viewers. As of October 2023, Netflix remained the most-watched subscription video-on-demand service among U.S. children, capturing 34 percent of the audience, with Disney+ following at 31 percent. To address profitability challenges and retain customers, Disney has implemented strategies such as introducing extra member pricing in various countries, with costs ranging from 3.58 U.S. dollars in Hong Kong to 6.67 U.S. dollars in Italy. Market adaptation In response to the evolving streaming landscape, Disney has adjusted its pricing strategy. In late 2024, the company once again increased its monthly subscription prices for Disney+, Hulu, and ESPN+ in the United States. This move followed significant improvements in the provider's direct-to-consumer streaming segment, with operating losses decreasing substantially between 2022 and 2024. Disney's DTC entertainment business, for example, reported an income of about 143 million U.S. dollars in 2024 after years of making losses, demonstrating that Disney's efforts to achieve profitability seemed to have paid off.
Between the first and the third quarters of 2021, Disney+ ranked first among video streaming apps in the United States with almost 160 million U.S. dollars of revenue. HBO Max ranked second with 154 million U.S. dollars, while Hulu followed with 74 million U.S. dollars generated in the examined period. Netflix, which ranked fourth among the video streaming applications in the United States, was also among the most popular mobile streaming apps for users worldwide.
In 2024, Amazon Web Services (AWS) generated ****** billion US dollars with its cloud services. From 2013 until today, the annual revenue of AWS cloud computing and hosting solutions continually increased.
Amazon—additional information Amazon.com went online in 1995, initially as a book store, and achieved almost immediate success. In 1998, the store expanded to include a music and video store and different other products, such as apparel and consumer electronics, in the following years. The company is the undisputed leader of the e-retail market in the United States, ranking ahead of walmart.com and apple.com in terms of revenue. Amazon Web Services In 2006, AWS launched as a cloud computing platform to provide online services. Amazon Elastic Compute Cloud and Amazon S3, which provide large virtual computing capacity, are the most well-known of these services. The company has dozens of locations in ** different regions across the world and is continually expanding its global infrastructure to ensure low latency through proximity to the user. From these data centers, Amazon is offering more than *** fully featured services to its global customer base. Video streaming service Netflix is one of AWS’s largest customers, using Amazon’s services to store their content on servers throughout the world. Among its more than *********** active users, AWS also lists other well-known organizations from various industries, such as Disney, the UK Ministry of Justice, Kellogg’s, Guardian News and Media, and the European Space Agency.
In the fourth quarter of 2024, Disney+ Core, excluding India's Disney+ Hotstar, reportedly generated an average monthly revenue of 7.18 U.S. dollars per paying subscriber worldwide, marking an increase from the previous quarter of the same year. This drop is significant, given Disney's recent struggles to reach positive profits with its streaming division. Financial challenges for Disney’s streaming division In contrast to Disney’s direct-to-consumer business reporting losses, competitors like Netflix and Warner Bros. Discovery's DTC segment have managed to achieve operating profits. Furthermore, Disney+ has faced the challenge of retaining customers recently, and particularly the Indian brand Disney+ Hotstar experienced a decline in subscribers in the company's first two fiscal quarters of 2023. Disney’s diverse content catalog Despite this, Disney+ has emerged as a formidable contender in the subscription video-on-demand (SVOD) landscape, fueled by its vast range of content from Disney’s various subsidiaries, including Lucasfilm, 20th Century Studios, Pixar, and Marvel Entertainment, making it appealing to audiences of all ages. The availability of popular original series like "Moon Knight" and "Obi-Wan Kenobi" exclusively available on Disney+ has further solidified its position as a leading player in the streaming arena.
In 2024, the brand value of Disney amounted to **** billion U.S. dollars. Two years prior, the value stood at ***** billion dollars, which represents a decline of ** percent from a **-billion-dollar peak two years before. Still, Disney remains one of the most valuable media brands worldwide. What is happening to Disney’s brand? Between 2022 and 2024, Disney has undergone significant business changes. Driven by the transformations in the video streaming market, the company could no longer rely on subscriber revenue alone. Disney’s largest segment is entertainment, which includes linear networks, direct-to-consumer (DTC) business and content sales and licensing. The DTC operations comprise of the company's streaming services such as Disney+, Disney+ Hotstar, and Hulu. This business slice started bringing substantial losses in the mentioned period, due to unpopular decisions to cut down on password sharing, increase prices of ad-free tiers, and remove beloved content from its platforms. Combined with numerous layoffs and poor reception of recently produced content, Disney’s brand began suffering, which is reflected in the annual declines. Comparing streaming brands in terms of value In comparison to other major media brands, especially those in the video streaming business, Disney still leads the pack. For example, despite Netflix’ success in being the only video company posting profits, its brand value remains below ** billion dollars and shows an annual decline. At the same time, YouTube’s brand value stood higher than Netlfix, additionally exhibiting year-on-year positive growth. This still put Google’s video platform some ** billion dollars short of Disney’s valuation. This data underscores Disney's strong position in the media industry, despite recent troubles on the market.
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Video streaming giant Netflix had a total net income of nearly *** billion U.S. dollars in 2024, whilst the company's annual revenue reached around ** billion U.S. dollars. Six years earlier, at the end of 2018, the figure stood at *** million subscribers. The fiscal year end of the company is December 31. The growth of Netflix Netflix was launched in the United States in 1998, functioning as a digital DVD rental store and placing itself squarely in competition with Blockbuster. The company launched its streaming video service in 2007, and just over a decade later Netflix secured the title of the streaming service with the most subscribers in the world. Investing in own content Netflix now offers a wealth of original content as well as content from niche and emerging directors, multiple foreign-language movies and a significant amount of highly-acclaimed and popular films from Hollywood and other markets. Netflix’s worldwide video content budget surpassed ** billion U.S. dollars in 2023, marking a nearly three-fold increase since 2016. The streaming platform has become known for its many original shows reaching fans across the globe, including "Stranger Things," "Orange is the New Black," and "13 Reasons Why."