Netflix Delivers Another Smackdown.

Netflix has reported strong fourth-quarter results, surpassing expectations by adding 13.1 million net new paid subscribers, 50% more than projected. This solidifies Netflix's position as the leader in the streaming industry, with over 260 million paying subscribers globally. The company's market value is now 13% higher than the combined value of Disney, Warner, and Paramount. However, Netflix may face competition from Amazon, which plans to launch an ad-supported tier for its Prime Video streaming service. Despite this, Netflix remains focused on its ad-free model and is investing in live programming. [Extracted from the article]