Netflix's net income Q1 2011-Q4 2019
In the fourth quarter of 2019, the streaming company based in Los Gatos, California, reported net earnings of 586.97 million U.S. dollars, up from 133.93 million in the corresponding quarter of 2018. Netflix was among several SVOD platforms surrounded by media buzz throughout 2019. A number of companies announced or launched their own streaming services that year, fueling constant speculation about the potential threat to Netflix's current position as market leader. The launch of new services has meant that Netflix lost (and will likely continue to lose) certain shows or movies due to licensing changes, and popular American sitcom 'Friends' has already been removed from the platform.
