Netflix boosts subscriber numbers to nearly 140 million

Netflix boosts subscriber numbers to nearly 140 million

The streaming giant said it added 8.8 million customers in the three months to 21 December, up more than 6% from the prior quarter.

Revenue in the quarter jumped 27% from 2017 to almost $4.2bn (£3.2bn).

Television viewers in the US now spend about 10% of their time on Netflix, it added.

The firm also provided audience figures for some of its programmes.

The data offered investors a glimpse of the habits of Netflix customers, as it seeks to explain how its massive spending on content - much of it funded with debt - is paying off.