• Netflix reports drop in U.S. subscribers, its first ever, raising concern about its future

    1 month ago - By Washington Post

    The streaming service's numbers were far lower than even its own estimates for the second quarter, causing a Wall Street sell-off and fears that its dominance could be weakening.
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  • Netflix Stock Plunges 12% After Reporting Slowdown in Subscription Growth

    1 month ago - By Fortune

    Netflix's video streaming service suffered a dramatic slowdown in growth during its traditionally sluggish spring season, a drop-off coming as the company boosts its prices and girds for even stiffer competition .
    The service picked up 2.7 million worldwide subscribers for the April-June period. That's far below Netflix's forecast of 5 million subscribers. The second-quarter letdown announced Wednesday comes after Netflix attracted nearly 10 million subscribers during the first three months of the year, more than any other quarter since the debut of its video streaming service 12 years...
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  • Netflix shares plunge as global growth falls short, U.S. customers shrink

    1 month ago - By Reuters

    Netflix Inc said on Wednesday it lost U.S. streaming customers for the first time in eight years and missed targets for new subscribers overseas, an announcement that jarred investors ahead of looming competition.
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  • Netflix lost subscribers in the US last quarter for the first time since 2011

    Netflix lost subscribers in the US last quarter for the first time since 2011

    1 month ago - By Business Insider

    Netflix lost 126,000 subscribers in the US during the second quarter, the company said in its Q2 earnings report on Wednesday.
    It significantly missed projections for subscriber growth overall, adding just 2.7 million.
    It's the first time Netflix has lost subscribers in a quarter in the US since 2011.
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    Netflix lost 126,000 subscribers in the US in the second quarter of 2019, the company said in its Q2 earnings report on Wednesday .
    It's the first time Netflix has lost subscribers in a quarter in the US since 2011 , when it tried a...
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  • Netflix reports drop in U.S. subscribers, its first ever, raising concern about its future

    1 month ago - By Washington Post

    In recent months questions have arisen about Netflix's future as it faces a growing list of streaming competitors. The future could be coming sooner than expected. Netflix reported subscriber numbers...
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  • Netflix shares tumble as it misses global subscriber forecasts

    1 month ago - By Reuters

    Netflix Inc added fewer quarterly subscribers than Wall Street expected and its U.S. customer base shrank as its programming failed to draw new viewers, jarring investors ahead of looming competition.
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  • Netflix just missed hard on the only number that matters - international subscriber growth

    1 month ago - By CNBC

    Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt. And growth is entirely dependent on Netflix's prospects internationally, in countries such as India and Malaysia.
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  • Netflix stock tumbles after earnings show decline in paid U.S. subscribers

    1 month ago - By Fast Company

    Netflix saw a decline of 126,000 paid domestic subscribers during the last three months.
    Have we reached peak TV or just peak Netflix?
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  • Netflix plummets more than 10% after missing subscriber-growth forecasts that were already playing it safe

    Netflix plummets more than 10% after missing subscriber-growth forecasts that were already playing it safe

    1 month ago - By Business Insider

    Shares of Netflix tanked by 11% in after-market trading on Wednesday afternoon as the streaming platform reported subscriber growth fell well below expectations.
    Netflix said it gained 2.7 million subscribers in the second quarter, while analysts estimated it would add around 5 million.
    The company also lost 130,000 paying customers in the US, badly missing already-conservative estimates of 309,240 domestic additions.
    Subscriber growth in international markets has become an increasingly important metric for the company.
    Watch Netflix trade live .
    Netflix sank by 11% after reporting it grew...
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  • Netflix reports first net subscriber loss in the U.S., misses global subscriber growth predictions

    1 month ago - By Tech Crunch

    Netflix's continued subscription price hikes might finally have reached the end of some customers' patience in the U.S., judging from an overall paid subscriber decline the company reported in its quarterly earnings for its fiscal second quarter 2019 results. The company's overall growth for paid subscribers climbed by 2.7 million worldwide, but it actually added 2.83 million new subscribers around the world - while losing around 130,000 net in the U.S. to account for the difference.
    Netflix's price for consumers went up from $10.99 to $12.99 during its fiscal Q2 reporting period, which...
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