News > Netflix soars to 230 million subscribers, co-founder Reed Hastings steps down

Netflix soars to 230 million subscribers, co-founder Reed Hastings steps down

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. “Our board has been discussing succession planning for many years (even founders need to evolve!)” Hastings said in a blog post. The streaming giant said it enticed 7.7 million new members in three months, bringing Netflix membership around the world to 230 million people.