Netflix fell shy of the company's own target for new subscribers in the fourth quarter
giant had expected to bring in despite rolling out its two biggest releases ever, "Red Notice" and "Don't Look Up," during the time period.NETFLIX'S DON'T LOOK UP' BREAKS RECORD FOR MOST HOURS VIEWED IN A SINGLE WEEK
The largest streaming service in the world still boasted 221.8 million subscribers globally at the end of 2021, but forecasted bringing in only another 2.5 million more in the current quarter. That's down from 4 million the same period a year ago. The Netflix logo is seen on the Netflix, Inc. building on Sunset Boulevard in Los Angeles, California on October 19, 2021.
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