Netflix's US subscriber growth slowing as competition looms

Ore Huiying/Getty Images It turns out Stranger Things isn’t just a popular show, but a key player in Netflix’s growth. Netflix bounced back from a disastrous second quarter, adding 6.8 million subscribers and bringing in $5.2 billion in revenue over the past three months, up from 6 million subscribers and $4 billion the same time last year. The company now has more than 158 million subscribers worldwide. The numbers suggest that Netflix is seeing a rebound in subscriber growth, even if it’s not as much as Netflix may have hoped. Following today’s earnings, Netflix’s stock jumped back up, showing a sign of confidence from Wall Street. Netflix’s stock had dropped around 23 percent since its second quarter earnings in July, which marked the first time the company... Continue reading…

Netflix's US subscriber growth slowing as competition looms

Netflix's subscriber growth is bogging down even before the leading video streaming service confronts high-powered threats from Apple and Walt Disney Co.

Wed 16 Oct 19 from TechXplore

Netflix shares jump as subscribers grow ahead of Disney, Apple attack

Netflix Inc added slightly more paying subscribers than Wall Street expected in the third quarter, a relief to investors who had worried the company might fall short just as Disney and others ...

Wed 16 Oct 19 from Reuters Technology

Stranger Things helps rescue Netflix from its worst subscriber growth nightmares - CNET

As the "streaming wars" intensify, Netflix has faced questions about its future after reporting its first drop in US streaming subscribers three months ago.

Wed 16 Oct 19 from CNET Cutting Edge

Netflix adds more-than-expected subscribers in third quarter

Netflix Inc added more-than-expected paid subscribers in the third quarter, boosted by the launch of new seasons of "Stranger Things" and "13 Reasons Why", sending its shares up 5% in trading ...

Wed 16 Oct 19 from Reuters Technology

Netflix stock skyrockets on profit beat despite looming competition from Disney and Apple

Dang, investors like what they see. Netflix is looking better this quarter than last. And that’s a good thing, because it’s about to go to war with Apple (and its unfathomably ...

Wed 16 Oct 19 from Fastcompany Tech

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