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Netflix Q3 2017 Netflix Gains 100 Million-plus Paid Subscribers

Report by Tunde Sowande
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The 20,000 Foot View: Netflix has achieved a commercial milestone in becoming the first Subscriber Video On Demand (SVOD) service company to have over            million paying streaming subscribers. Netflix has managed to attract            million consumers to its SVOD platform. This continued success has exceeded external expectations that Netflix’s growth rate might be impacted by its decision to increase standard membership prices in both UK and US markets.

Key Findings

  • Company revenue            by            from            million in            to            in           
  • Total streaming            subscription increased from            million in                       million in           
  • Net income            increased by            as the proportion            net income of revenue grew                       million in            to            million in           
  • Paid domestic            growth rate decreased from            in            to            2017 to a            increase                       to            2017
  • Paid international            growth rate slowed from a            between            2016 and            2017, to                       to            2017
  • Domestic DVD            to decline as a source            revenue after generating            million in            compared to            million in            2017