Netflix (NASDAQ:NFLX) stock traded higher on Friday, backed by investor optimism over its U.K. financial arm’s results and FIFA Women’s World Cup deal win.
The streaming giant’s U.K. unit grew revenue 11% in 2024 to 1.85 billion pounds ($2.48 billion) as it expanded in the market, according to its Companies House filing on Thursday.
A Netflix spokesperson told Variety that it has contributed significantly to the U.K. economy over the past four years by investing $6 billion, employing more than 50,000 cast and crew, and collaborating with over 200 producers to create British content that has gained global popularity.
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The company remains committed to the long term, investing more in the U.K. than in any country except the U.S.
Netflix Services U.K. Limited, the British …