Netflix Q1 2026: WBD perk and UK strength
Q1 saw Netflix continue to display revenue growth, up 16% YoY (to $12.3 billion), with UCAN (+14%), EMEA (+17%), LATAM (+19%) and APAC (+20%) all contributing strongly.
Netflix has thrived in a decade where TV content has been increasingly siloed. With TV appearing to be moving towards more liquid viewing environments, increased direct competition will disadvantage primary TV destinations.
HBO Max’s launch has so far proceeded as expected, although its decision to not commission locally raised eyebrows: this is in contrast to Netflix, whose UK originals continue to garner the most viewing globally.
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