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Netflix to have 130 mln subscribers at end-2020 - study
2015-09-25 10:45:00| Telecompaper Headlines
(Telecompaper) Netflix is expected to have at least 130 million subscribers worldwide by end-2020, according to new research from Ampere Analysis. Its nearest SVoD rival Amazon will have nearly 50 million video users globally at end-2020. Netflix has 63 million paying subscribers at end-Q2 2015, with a presence in more than 50 markets. At end-2020, at least 6 percent of households worldwide will subscribe to Netflix, with the company expecting to invest almost USD 5 billion on acquired and original content in 2016. Ampere expects this to increase by an additional USD 1 billion in the subsequent two years. Collectively, Ampere expects Netflix and Amazon to be spending over USD 9 billion per year on acquired and original content by 2020. Ampere's research also shows that consumers are increasingly willing to double-up on subscriptions. Across the UK, US, and Germany, almost half of Amazon Prime's video user-base subscribe to both Netflix and Amazon. This shows that it is content, not cost, that drives subscriptions priced at USD 10 per month or less. Subscribers to both services (Amazon and Netflix) also experience little content duplication as the two firms have very different approaches to content acquisition.
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Netflix adds almost 5 million subscribers in Q1
2015-04-16 08:40:00| Telecompaper Headlines
(Telecompaper) Netflix added 4.88 million new subscribers in the first quarter, to take its customer base to 62.27 million at the end of March. The result was better than its forecast for 4 million net customer additions. In the US, the company added 2.28 million streaming customers for a total 41.40 million, and revenues grew to USD 985 million from USD 799 million a year earlier. International customers increased by 2.60 million to 20.88 million, and revenues rose to USD 415 million from USD 267 million a year ago. The operating loss from the international activities narrowed to USD 65 million from USD 79 million in Q4, but Netflix said this will swell again to over USD 100 million in Q2 following its recent launch in Australia and New Zealand. Total operating profit for Q1 was little changed year-on-year at USD 97 million, while net income more than halved to USD 24 million, hurt by negative currency effects. Free cash flow was a negative USD 163 million as the company continues to invest in original content. For the second quarter, Netflix expects net additions in the US to slow to around 0.6 million, and its international markets to gain around 0.9 million customers. The company plans to launch in more countries later this year, starting with Japan.
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Netflix to reach 100 million international subscribers by 2020
2014-09-22 16:00:10| Digital TV News
Digital TV Research has estimated that Netflix is aiming for 104 million international subscribers by 2020 - just for the countries where it has already launched.
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Netflix subscribers still watching just as much boob tube
2013-07-29 17:30:52| CNET News.com
As the streaming-video site ramps up more original series, a study by TiVo's research arm finds no significant difference in the amount of TV watched by people who subscribe to Netflix and those who don't. [Read more]
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