Netflix just reported its Q4 earnings with a record 13 million new members in 2014, compared to 11.1 million in 2013. The company now has a grand total of 57.4 million members. It added 4.33 million members in Q4 alone. Here’s a look at the financials:
Perhaps more interesting is that Netflix used the opportunity to announce that it will be offering The Interview in the U.S. and Canada beginning on Saturday, January 24, just thirty days after it debuted in theaters and on VOD.
I probably don’t have to tell you about all the controversy surrounding the film, which had a direct impact on how it was released (limited in theaters and more broadly on VOD platforms). It’s truly remarkable that Netflix is already getting the title. It will no doubt be a wildly popular one on the streaming service.
By January 7, the film had already made $31 million online.
Netflix also said its first original feature film, Crouching Tiger, Hidden Dragon II: The Green Destiny, is in post production, and will debut on August 26 in all Netflix territories. The company expects to open the film on select IMAX screens on the same day.
You can read the company’s letter to shareholders in which it gives updates on its various projects and numbers here.
Image via The Interview, Facebook