The streamer added 7.66 million net new subscribers in Q4, compared to its own estimation of 4.5 million additions. And Netflix ended 2022 with 230.75 million worldwide, smashing its previous target of 227.59 million. That represents 4% year over year growth in total subs. Aside from the big news it had blown its own subscriber estimates away, Netflix revealed an even bigger bombshell in the Q4 financial update: Reed Hastings is stepping down as co-CEO.
Source: Netflix Adds More Than 7 Million Subscribers in Q4, Smashing Previous Target