Netflix reveals the staggering amount they earned in Australia last year trends now
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Netflix has revealed that it made a whopping $1.06billion in Australia in 2022, from an estimated five million subscribers.
According to documents issued with the Australian Securities and Investments Commission, Netflix paid out $996million in costs and fees, leaving it with a profit of $22.7million.
It now faces a relatively tiny tax bill of $6.9 million, leaving a $15.8 million profit reports The Australian Financial Review.
Among Netflix's biggest hits in the last year have been Stranger Things, Ozark, and Australia's Heartbreak High.
From January 2022 the platform began to bill its Australian subscribers locally.
Netflix has revealed that it made a whopping $1.06billion in Australia in 2022, from an estimated five million subscribers reports The Australian Financial Review Pictured: The U.S. drama Stranger Things, one of Netflix's most watched shows
According to documents issued with the Australian Securities and Investments Commission, Netflix paid out $996million in costs and fees, leaving it with a profit of $22.7million Pictured: Australia's Heartbreak High, which was a
