Netflix owes its recent success to international growth
Advertisement
Netflix shares hit a record high this morning after the company blasted past earnings expectations yesterday afternoon and hit 65 million subscribers.
Advertisement
Advertisement
As this chart from Statista shows, the company owes most of its recent growth to its international business. Since the beginning of 2014, international subscriber growth has outpaced US growth every quarter - this quarter, it added nearly three times as many subscribers overseas (2.4 million) as in the US (900,000). Netflix expects to add 3.55 million subs next quarter, too.
Complimentary Tech Event
Transform talent with learning that works
Capability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More
Advertisement
- T20WC broadcasters announce special feed for hearing and visually impaired fans
- Motorola Edge 50 Fusion with 144Hz pOLED display, 5,00mAh battery launched starting at ₹22,999
- Today's Silver Prices (May 16, 2024): Updates for Mumbai, Delhi, Kolkata, Bengaluru, Chennai, and other Indian cities
- Bridgerton season 3 will be out on Netflix India today! Here’s everything you need to know about the popular period drama
- With over one lakh fresh jobs, hotel industry could revitalise Indian job market in the next 18 months: Report