STORY:

The royal drama helped it post record subscriber growth for the fourth quarter.

On Tuesday the streaming giant said it had added 13.1 million new customers over the period.

Analysts had forecast just under 9 million.

The numbers saw Netflix shares surge over 8% in after-hours trading.

The company credited a strong slate of content, which also featured titles like hitman movie "The Killer".

At $8.8 billion, revenue also just beat estimates.

Looking at the figures, one Bank of America analyst said it was clear that Netflix has won the streaming wars.

The firm said it expected double-digit revenue growth in the year ahead, with more subscribers and rising income from advertising.

Over 2024 it will boost investment in content to as much as $17 billion.

It also continues to invest in live programming.

Earlier Tuesday, it announced a deal valued at over $5 billion to bring some World Wrestling Entertainment content to the platform.

Netflix also has a fledgling gaming business, and has even launched its first stage show - a play based on hit supernatural drama "Stranger Things".