In the fourth quarter of 2020, Netflix added 8.51 million paid streaming subscribers, about 2.5 million more than expected, to stand at 203.7 million worldwide at the end of the year. The strong Q4 subscriber results come as the No. 1 SVOD player faces stepped-up competition from a slew of rivals including Disney Plus, Hulu, HBO Max, Peacock, Discovery Plus, Paramount Plus and Amazon Prime Video.
Source: Netflix Tops 200 Million Streaming Customers, Handily Beats Q4 Forecast