Netflix soars to 230 mn subscribers, co-founder steps down

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AFP

San Francisco (AFP) – US streaming giant Netflix on Thursday said it ended last year with more than 230 million global subscribers, beating analysts’ expectations as hits such as “Wednesday” and “Harry & Meghan” enticed new viewers. “2022 was a tough year, with a bumpy start but a brighter finish,” the company said in a letter announcing bumper fourth quarter earnings. Netflix also announced that co-founder Reed Hastings was standing down as CEO, ending a two-decade long leadership that saw the company grow from a rent-by-mail DVD service to an entertainment juggernaut. Hastings ceded everyday…

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