Is Netflix falling out of favour? US viewers are shunning the streaming platform

Original article by Zona Black
The New Daily – Page: Online : 19-Jul-19

Subscription video-on-demand giant Netflix had forecast that it would add 300,000 new US customers in the June 2019 quarter, but the number of subscribers fell by 130,000. The decline coincided with an increase in Netflix’s monthly fee, although it is also facing growing competition in the streaming video market. However, Netflix expects US subscriber numbers to rebound on the back of new content. Netflix had some 11 million paid subscribers in Australia in February, according to research by Roy Morgan, with year-on-year growth of 25.2 per cent.


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s