Netflix added 8.3 million customers in Q4, its biggest growth ever

While Netflix is facing more competition than ever, its growth isn’t slowing. The company just announced its four quarter earnings results, and revealed that worldwide it added 8.3 million customers, “the highest quarter in our history and up 18 percent vs. last year’s record 7.05 million.” While the Will Smith-starring movie Bright wasn’t a hit with critics, the company seems happy, saying that it’s one of the most viewed titles ever and drove a “notable” lift in customer acquisition. As a result, Netflix is planning to invest more in original films, as well as international content to follow its first German original series, Dark.


Source: Netflix Investor Relations Q4 2017 results (PDF)

Source: Engadget - Read the full article here

Author: Daily Tech Whip

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