About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Wednesday, October 21, 2020

Netflix Closes in on 200 Million Members

Netflix forecast that its revenues will rise 20% year-on-year in the fourth quarter of 2020 to 6.57 billion U.S. dollars, following a rise of almost 23% in the third quarter. The rate of growth is markedly slower than a year earlier - revenues rose by over 30% in the second half of 2019.  Still, by the end of 2020, Netflix expects to be serving more than 200 million paying members. Source: Netflix statement

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