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Netflix UK Profits Soar By $28M As Tax Bill Doubles
Netflix UK 2023 profits increased and its tax bill doubled amid 'The Crown', 'Top Boy', 'Beckham'
The results pertain to a year in which Netflix released big UK hits including the final seasons of The Crown and Top Boy, and the Beckham documentary. Netflix has continued to push on in the UK this year, launching hits including Fool Me Once, Baby Reindeer, The Gentlemen and Bridgerton. The prior quarter saw 8 million subscribers added as revenues of $9.6B and earnings per share came in just ahead of Wall Street analysts’ consensus expectations.
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