Netflix subscriber growth stalls

The streaming service leader saw its stock plummet after expected subscriber additions fell short in the second quarter of 2018

SUBSCRIBER ADDITIONS (Quarterly data, millions)

Total       International

Netflix’s The Crown has received 13 Emmy nominations in 2018

Q2 2017  5.2 4.1
Q3 2017  5.3 4.5
Q4 2017  8.3 6.4
Q1 2018  7.4 5.5
Q2 2018  5.2 4.5

Apr-Jun 2018: Netflix added 5.2 million new subscribers, more than 1 million short of its forecast of 6.2 million

Netflix has 130.1 million subscribers globally


Netflix faces increased competition from tech giants such as Apple, YouTube and Amazon, as well as international players including Germany’s ProSiebenSat 1 Media and French on-demand service Salto

        

  
Source: Netflix         Picture: Netflix         © GRAPHIC NEWS