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Netflix to reach 115 million subscribers

2015-11-18 08:20:19| Digital TV News

The number of SVOD homes is forecast to reach 306 million across 200 countries by 2020, up massively from 28 million in 2010 and an expected 197 million by end-2015, according to a report from Digital TV Research.

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Netflix Releases Official 'Marvel's Jessica Jones' Trailer

2015-10-24 10:45:26| Toys - Topix.net

Marvel Entertainment and Los Gatos-based Netflix has released the official trailer for their highly anticipated original series, Marvel's Jessica Jones . For months, Netflix released :30 teasers leading up to the 13 episode series premiere on November 20th.

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Netflix integrated with Vodafone TV in Portugal

2015-10-20 13:00:37| Digital TV News

Vodafone Portugal has announced the integration of Netflix with its Vodafone TV service. The app will be available from November 4th. The offering includes subtitling in Portuguese, as well as a recommendation engine.

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Netflix now in over 1 in 10 Australian homes

2015-10-15 13:00:08| Digital TV News

The number of Australian homes with a Netflix subscription rose again in September to 968,000 (10.5%), up another 113,000 from 855,000 in August, according to the latest S-VOD data from Roy Morgan Research.

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Netflix customer growth slows in US, still strong abroad

2015-10-15 08:45:00| Telecompaper Headlines

(Telecompaper) Netflix reported a slowdown in customer growth in the US in the third quarter, but grew faster than expected at its international activities. In the US, the company added 0.88 million new streaming customers, less than the 1.15 million forecast, for a total 44.83 million. Netflix blamed the weak performance on the transition to chip-based payment cards in the US, which led to higher "involuntary churn". At the international activities, the company gained 2.74 million customers, more than the 2.4 million forecast, for a total 25.99 million customers at the end of September. Total revenues rose to USD 1.581 billion from 1.223 billion a year ago, in line with the company's guidance, while net profit dropped to USD 29 million fro USD 59 million due to the costs of expanding abroad. Continued spending on original content also led to negative free cash flow of USD 229 million in the quarter. Netflix said losses from the international operations are expected to increase on a sequential basis in Q4, as the streaming service launches in the new markets of Portugal, Spain and Italy. Customer growth is forecast at 1.65 million in the US and 3.50 million abroad in the final quarter of the year, and revenues are expected to grow to USD 1.67 billion. 

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