Wednesday 20 January 2016
Netflix announced its year end and quarterly results yesterday, revealing that while it showed growth overall, it’s slowing in some markets. Overall, the company added 5.59 million customers in the three months up to the start of 2016, making an overall subscriber base of 74.76 million members. Around 45 million of those are in the US, though the total growth there was in decline for the quarter, at least partially because of its own success at market penetration. While the record quarterly growth in subscribers (and resulting rising share price – up 124 percent in 12 months) give the company reason…
This story continues at The Next Web
