Netflix Continues Landing Customers, Even After Increasing Prices - News Summed Up

Netflix Continues Landing Customers, Even After Increasing Prices


Netflix Inc. continued its blistering growth in the fourth quarter, as mounting investments in original shows like “Stranger Things” and movies like “Bright” helped the streaming service sign up subscribers at a record rate. The company added 8.3 million streaming users—the most it has ever gained in a quarter—exceeding the 6.3 million net additions it had projected. The growth in the U.S. and internationally brought its total paid subscriber count to 110.6 million at the end of the fourth quarter.


Source: Wall Street Journal January 22, 2018 21:33 UTC



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