Market & Commercial Dynamics

Netflix UK Revenue Tops £2 Billion, Overtaking ITV's Broadcast Business for the First Time

Companies House filings show Netflix's UK revenue rose 11.3% to £2.06 billion ($2.8 billion) in 2025 on 7% paying-member growth and higher ARPU — for the first time exceeding the £1.9 billion of ITV's media and entertainment division and dwarfing Channel 4's £1 billion. Broadcast Intelligence data shows Netflix simultaneously cut UK originals to 22 in 2025, down 51% from 45 the year before.

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