Netflix has revealed its full revenue from UK subscribers for only a second time — and it has been a year of growth for the streaming giant.
The company behind British originals The Crown and Sex Education posted sales of £1.54B ($1.9B) in the 12 months to the end of December 2022, an increase of 12% on the previous year’s revenue of £1.4B.
The earnings were disclosed by Netflix Services UK, the main entity that the streamer has registered at the UK’s Companies House.
Pre-tax profits for the entity rose 22% to £34.1M last year. It is only the second time Netflix has provided the full picture of its UK sales after changing its accounting practices in 2020 to stop funneling revenue through its European headquarters in the Netherlands.
Read more on deadline.com
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