Sunday, May 29, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Plextor To Showcase Its Gaming Grade SSDs at Computex 2016
Nvidia's GeForce GTX 1080 Launches Wordlwide
Corsair Bulldog PC Is Seeking A Place In Your Living Room
Samsung Galaxy C5 and C7 Released In China
SSD Adoption in Notebooks To Increase This Year As TLC NAND Market Matures
Samsung To Launch SamsungPay Mini Online Payments App
Facebook Publishers To Show Ads To Everyone
Samsung and Warner Bros. Release The Samsung Galaxy S7 edge Injustice Edition
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Netflix...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, July 22, 2014
Netflix Tops 50M Subscribers


Netflix's second-quarter earnings more than doubled and the Internet video service surpassed 50 million worldwide subscribers for the first time.

"Consumers are enjoying more than ever being in control of their own schedules, able to click and watch whenever they want," Netflix CEO Reed Hastings said .

Hastings said "Orange Is The New Black" became Netflix's most-watched series during the first month after the June 6 release of the second season.

Netflix Inc. ended June with 36.2 million subscribers in the U.S. and another 13.8 million customers in roughly 40 other countries. The company picked up 1.1 million subscribers outside the U.S. in the second quarter.

The company said it expects to add another 3.7 million subscribers worldwide in the current quarter ending in September, including 1.3 million U.S. customers. It also plans to start selling its Internet video service in six more European countries in September, including Germany and France.

As Netflix's video-streaming service steadily grows, the DVD-by-mail rental business that once was the company's foundation is slowly crumbling. The DVD rental service shed another 391,000 subscribers in the second quarter to end June with fewer than 6.3 million customers. That's a decline of 55 percent in less than three years.



Previous
Next
Xiaomi Announces The Mi 4 Flagship smartphone        All News        Yahoo to Buy Flurry to Strengthen Mobile Products
Licensing Fees Drive ARM's Profit     General Computing News      Yahoo to Buy Flurry to Strengthen Mobile Products

Get RSS feed Easy Print E-Mail this Message

Related News
Netflix Is Throttling Video Speeds on AT&T And Verizon
Netflix to Block Access Through Proxy Servers
Netflix Expands Almost Everywhere, Viewers Keep Increasing
Netflix Released Latest ISP Speed Index
Netflix To Launch In South Korea, Singapore, Hong Kong And Taiwan In Early 2016
Netflix Launches In in Italy, Spain, Portugal
Netflix, Google And Facebook Among the Most Popular Online Destinations
Netflix To Launch In Japan This Fall
Netflix Now Available In France
Netflix To Pay AT&T For Smooth Video Delivery
Verizon Threatens Netflix With Legal Action Over Slow Video Delivery Messages
Netflix to Expand to Europe

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .