Netflix Adds Over , 2.4 Million Subscribers.
CNBC reports that most of Netflix's subscriber growth came from the Asia-Pacific region.
CNBC reports that most of Netflix's subscriber growth came from the Asia-Pacific region.
1.43 million people signed
up for the service in that area.
The U.S.-Canada region only
contributed 100,000 net subscribers.
We’re still not growing as fast as we’d like. We are building momentum, we are pleased with our progress, but we know we still have a lot more work to do, Spencer Neumann, Netflix’s chief financial officer, via earnings calls.
Still, the 2.41 million net global
subscribers was more than twice the amount
Netflix had projected last quarter.
Netflix shares rose over 14%
after hours on Oct. 18. .
The company also touched on its new lower-priced plan with ads which launches in November.
After a challenging first half,
we believe we’re on a path to reaccelerate growth. , Netflix, via statement.
The key is pleasing members. It’s why we’ve always focused on winning the competition for viewing every day. When our series and movies excite our members, they tell their friends, and then more people watch,
join and stay with us, Netflix, via statement
