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Netflix Streaming Dominance and Financial Growth
Netflix (NASDAQ: NFLX) concluded 2023 with over 300 million global subscribers and is projected to generate $45.1 billion in revenue by 2025. The company achieved an 877% increase in share value over the past decade, transforming a $10,000 investment in November 2015 into approximately $97,680 today.
From 2014 to 2024, Netflix’s subscriber base increased more than fivefold, with a 16% year-over-year revenue rise anticipated for both 2024 and this year. The company’s price-to-earnings ratio currently stands at 46.5, indicating potential challenges for future investment returns.
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