Sacred ambitions. While Netflix market capitalization is around $ 450 billion, according to American Fortune, the transmission service wants to go further. It points in the long term the $ 1,000 billion. A possible objective if the company continues to register a good performance, according to its CEO, Ted Saraonds.
“In the last five years, we have doubled our turnover, multiplied our profits by ten and multiplied our market capitalization by three. Therefore, there is a path to follow, of course, but everything depends on the quality of execution,” he explained at the 2025 world economy organized by the media and informed by the specialized technology site.
Additional income sources
Ted Saraonds believes that it will be possible to achieve a capitalization of this market only with the transmission platform. Platform whose prices have increased recentlyin parallel with the announcement of quarterly results above expectations with a turnover of $ 10 billion.
But Netflix also explores other projects, which could be additional income sources. In February, the company temporarily installed its immersive Netflix Dick restaurant in Las Vegas. After London in 2023, the work Strangest things: the first shadow He also put his bags on Broadway in April. And Netflix should open retail spaces in Philadelphia and Dallas this year.
By evoking the ambitions of your business, Ted Saraonds seems to confirm the information of the Wall Street Journal. On April 14, the media reported that Netflix was aimed at reaching a market capitalization of $ 1,000 billion, but also to double its turnover by 2030. After having exceeded 300 million subscribers at the end of 2024, the transmission giant would also have to finish the year 2030 with around 410 million, according to a media source.
Source: BFM TV
