Monday, July 18, 2016
Netflix Disappoints on Subscriber Growth
Netflix July 18 disclosed global subscriber additions are growing — but not as fast as expected. The subscription-streaming pioneer added 1.7 million members in the second-quarter (ended June 30), compared with 2.5 million projected. It added 3.28 million subs during the previous-year period. It ended the period with 83.18 million members globally, including 79.9 million paid.
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