Original article by Max Mason
The Age – Page: 23 : 16-Oct-15
US-based subscription video-on-demand provider Netflix has posted a $US29.4m ($A40.2m) profit for the September 2015 quarter, with sales totalling $US1.7bn. The number of paid subscribers rose from 62.7 million to 66 million, and the group expects this to top 70 million by the end of 2015. Meanwhile, chief content officer Ted Sarandos says a news programs is among the content that Netflix is looking to offer in coming years, although he has downplayed suggestions that it may bid for sports broadcasting rights.
CORPORATES
NETFLIX INCORPORATED, VICE MEDIA INCORPORATED, HBO