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Netflix Posts $1.9 Billion Turnover in U.K., Up 12% From Previous Year

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variety.com

K.J. Yossman Netflix’s U.K. subscriber turnover has increased to £1.5 billion ($1.9 billion) the company’s latest accounts show.

The latest financial records for Netflix Services U.K., a subsidiary of Netflix Inc, show the streamer had increased its turnover by 12% year on year.

The records, which were filed at Companies House this week, cover the 12 month period ending on Dec. 31, 2022. Netflix Services U.K.

is the streamer’s primary company that deals with subscribers in the U.K. Records show the U.K. company enjoyed a 4% growth in the average number of subscribers and a 14% increase in average monthly revenue per subscriber.

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