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Netflix Q2 results disappoint on slowdown in subscriber growth

2018-07-17 08:16:00| Telecompaper Headlines

(Telecompaper) Netflix added 5.15 million new streaming subscribers in the second quarter, for a total base of 130.14 million at the end of June. The growth was less than the company's forecast for 131.2 million customers in June, and Netflix's share price fell 14 percent in after-hours trade. 

Tags: results growth subscriber slowdown

 

Netflix shares slump 14% on tough Q2 figures

2018-07-17 02:00:00| Total Telecom industry news

  Shares in global pay-TV giant Netflix plunged 14 per cent overnight, as the company reported a tougher than expected set of financials for the second quarter of 2018. Netflix added 5.2 million new subscribers in Q2 2018, well short of the 6.2 million it had predicted. While Netflix tried to put a positive spin on the quarter's results…read more on TotalTele.com »

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Netflix shares plunge as subscriber growth stalls

2018-07-16 22:41:36| BBC News | Business | UK Edition

The firm's shares dive 13% after it misses its projections for subscriber growth.

Tags: growth shares subscriber stalls

 

MENA SVOD players toil to compete with Netflix

2018-07-05 04:00:08| Digital TV News

According to Digital TV Research, the MENA region will have 20.80 million movie and TV series SVOD subscribers by 2023, up from the 5.22 million recorded at end-2017. Turkey will remain the leader by some distance, with a third of the region's total.

Tags: players compete mena netflix

 

Netflix testing EUR 17 a month 'Ultra' tier in Europe

2018-07-04 09:28:00| Telecompaper Headlines

(Telecompaper) Netflix is testing a new higher tier of service called 'Ultra' in Europe, allowing subscribers to receive Ultra HD (UHD) video and audio streaming simultaneously on up to four devices, reports Italian website Tutto Android. The fourth tier is priced at EUR 16.99 a month and would join the company's three subscription plans Basic (EUR 7.99), Standard (EUR 10.99) and Premium (EUR 13.99).

Tags: in month eur europe

 

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