Netflix growth slows but 200m subscribers milestone is in sight
Posted on: 21 octobre 2020, by : Stuart Dredge

Netflix warned investors that its subscriber growth was going to slow in the second half of this year, and it has. The video streaming service added 2.2 million net new paid subscribers in the third quarter, taking it to just under 195.2 million overall.
Netflix also said that it expects to pass 200 million subscribers (201.2 million to be specific) by the end of 2020.
The slowdown in growth was clear though: Netflix added 15.8 million subscribers in Q1 and 10.1 million in Q2. The 2.2 million in Q3 was below Netflix’s guidance of 2.5 million, which is one reason why its share price dipped following the announcement of its financial results yesterday.
The post Netflix growth slows but 200m subscribers milestone is in sight appeared first on Music Ally.
Source: Music ally

Related Posts

Aller à la barre d’outils