Also Read: What Joe Biden's 'Complicated' Ties to Big Tech Mean for Antitrust Crackdowns and Content ModerationOn the financial side, Netflix reported earnings per share of $1.19, compared to the $1.36 EPS analysts had projected. Revenue of $6.64 billion matched analyst estimates, although its 21.5% year-over-year sales growth fell short of the 30% year-over-year growth Netflix enjoyed during the same period a year earlier.
Netflix faced more competition than ever before in 2020, but the streamer is showing little sign of flagging, ending the year with an unprecedented nearly 204 million global subscribers. It turns out, the pandemic is a more powerful force than the threat of new rivals.
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