By John Glenday

Netflix’s ascent to streaming dominance has shown no signs of abating in its newly released subscriber numbers, which show the online streaming service counted 81m subscribers in the latest quarter.

This followed a major territorial expansion to 130 new countries enabling it to add additional 6.74m subscribers over the period, increasing its non-US customer base to 42 per cent.

Despite this pronounced growth Netflix is predicting tougher times may lie ahead with forward guidance indicating just 2m new overseas customers in the coming quarter versus the 3.45m which analysts had been expecting.

In a statement Netflix observed: “Our international forecast for fewer net Read full story ›

Source: The Drum