Netflix Blows Past 60 Million Subscribers

April 19th, 2015
in News, econ_news, syndication

by Felix Richter,

Thanks to strong domestic and international growth, Netflix added nearly 5 million subscribers in the first quarter of 2015.

Follow up:

The popular streaming platform now boasts a total of 62.3 million subscribers, 41.4 million of which are based in the United States. Netflix expects to reach 64.8 million subscribers by the end of June, as its international expansion continues. Over the course of the past three months, Netflix subscribers racked up 10 billion hours of video streaming, amounting to almost 2 hours of streaming per subscriber each day.

Netflix generated $1.57 billion in revenue between January and March, a 24-percent increase over last year's March quarter. Meanwhile net profit declined by almost $30 million mainly due to investments related to the company's international expansion. Netflix shareholders were content with the latest results, as a 15-percent spike in the company's stock price clearly indicates.

This chart shows Netflix's wordwide subscriber growth.

Infographic: Netflix Blows Past 60 Million Subscribers | Statista
You will find more statistics at Statista


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved