Netflix Subscriber Count Rises, but Growth Slows at Home - News Summed Up

Netflix Subscriber Count Rises, but Growth Slows at Home


Netflix Inc. is adding fewer customers in its home market, as the streaming giant gears up to face new competition from Hollywood and increased scrutiny from investors over whether it can maintain its rapid growth. The video service said it gained 9.6 million customers in the first quarter, but only 1.7 million in its domestic market, fewer than it added in the U.S. a year ago. And the company, which recently raised prices, forecast slower gains in the second quarter in the U.S. and abroad. Despite the second-quarter forecast,...


Source: Wall Street Journal April 16, 2019 20:36 UTC



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