Netflix is now worth more than the combined market capitalizations of the owners of the four U.S. broadcast channels.

The streamer hit a 52-week high of $999 per share during Wednesday's trading session after adding a record-breaking 18.9 million subscribers

On Monday, Netflix and Comcast each announced $10 million donations, split between groups such as the Los Angeles Fire Department Foundation, World Central Kitchen and the American Red Cross. Both companies also said they are assisting employees directly impacted by the fires.

Many of the record 19 million subscribers Netflix added in the final three months of 2024 are choosing to watch hit series like Squid Game, Bridgerton, and Nobody Wants This through the company’s cheaper,

TV providers and streamers' real competition isn't each other, it's social video. Or at least that's what the president of Comcast Advertising, James

Comcast and Netflix each pledged to donate $10 million to support Los Angeles area wildfire disaster relief and recovery efforts.

Netflix shares surged 13% to a record high, driven by a massive subscriber boost of 18.9 million in the holiday quarter, partly due to successful sports events. The company announced price hikes to enhance revenue,

On Jan. 23, 2024, Netflix announced it signed a $5 billion 10-year deal with WWE to make it the new home of the entertainment franchise. The live events would be included in every Netflix subscription, with viewers only needing to log into their accounts. The episodes are available for streaming immediately after they are completed.

The streamer ends subscriber reporting with blowout numbers and a price hike, but its record market value sets a high bar going forward.

Netflix shares surged 15% following a record 18.9 million new subscribers, driven by a strategic focus on sports content like the Jake Paul vs. Mike Tyson boxing match. Despite increased sales, revenue growth trails subscriber numbers.

Comcast's Universal Pictures' Wicked surpasses $700 million at global box office, becoming Universal's second-highest-grossing film of the year.