The video streaming market leader $NFLX (-0,74%) has cracked the 325 million customer mark. This is the first update on the number of users in a year. 2024 had $NFLX (-0,74%) closed with 301.6 million paying customers. In the past quarter, Netflix increased its revenue year-on-year by 17.6 percent to a good twelve billion dollarsas the company announced on Tuesday after the close of the US stock exchange. The bottom line was a profit of 2.42 billion dollars (two billion euros) in the coffers - around 29 percent more than a year earlier.

$NFLX (-0,74%) is currently trying to take over the studio and streaming business of the Hollywood veteran. Warner Brothers
$WBD to take over. For the approximately 83 billion dollars the share buyback program will be suspended, the company announced $NFLX (-0,74%) on presentation of the quarterly figures. US companies often support their share prices with share buybacks.

The $NFLX (-0,74%) Netflix shares fell by five percent in after-hours trading in an initial reaction. The stock had lost around 30 percent since the Warner takeover plans became known. Netflix subsequently waived an equity component in the deal and intends to pay the purchase price in cash.

The streaming giant is in a bidding war with the Hollywood group Paramount , which wants to take over Warner Bros. Discovery completely for more than 100 billion dollars, including TV channels such as CNN.