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By Jess Jones Netflix has blown all of its streaming competition out of the water according to analysts, who are closely watching the streamer’s ads business for signs of pickup as subscriber additions are expected to cool soon. In a trading update on Tuesday evening, Netflix reported 13.1m new subscribers for its fourth quarter, beating the consensus estimate of 8.9m, and up from 7.7m from the same period in 2022. This helped it to bump full-year revenue up by 12 per cent year-on-year to $33.7bn (£26.5bn) while operating income amounted to $1.5bn (£1.2bn) in the final quarter, also exceeding …

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