Netflix Overtakes ITV in UK Revenue for the First Time After Reaching $2.8 Billion

Netflix has reached a major milestone in the UK after generating £2.06 billion ($2.81 billion) in revenue during 2025, overtaking ITV’s media and entertainment business for the first time. The figures mark another significant shift in Britain’s television industry as streaming platforms continue to challenge the country’s established broadcasters. According to Deadline, Netflix’s UK revenue increased 11.3% from £1.85 billion in 2024. The growth was driven by a 7% increase in the average number of paying customers and higher average…