Your browser is not Javascript enable or you have turn it off. We recommend you to activate for better security reasonNetflix now has 125m subscribers - and far more viewers - FlatpanelsHD

Netflix now has 125m subscribers - and far more viewers

17 Apr 2018 | Rasmus Larsen |

Netflix’s growth continues to accelerate as it is getting a better grip of international markets. The company is adding more than 2 million new subscribers per month and now has 125 million subscribers in total - and far more viewers.

Record growth

The streaming giant has added 7.4 million new subscribers - 5.46 million of those in international markets - in the first three months of 2018. Revenue grew 43%, which is “the fastest pace in the history of our streaming business”, the company said.

Netflix operates in over 190 countries and will spend $8 billion dollars on content this year. A portion of that budget is earmarked for movies, which appears to be a successful endeavour for the company despite stiff resistance from incumbents.

Earlier this month, Netflix was effectively banned from the competition at Cannes due to new rules. Movie directors such as Christopher Nolan and Steven Spielberg have also publicly commented on Netflix’s business model.

Reed Hastings, CEO at Netflix, addressed the feud in the company's quarterly earnings report and once again repeated the sentiment that the subscribers that pay for continued investments in content should be the first to enjoy new movies.

- “We will continue to celebrate our films and filmmakers at other festivals around the world but unfortunately we will have to sit out Cannes for now so that our growing French membership can continue to enjoy our original films,” said Hastings.

The quarterly reports also confirms that subscribers are staying with Netflix despite price increases in many regions.


More than 300 million viewers?

Netflix is not giving out viewership numbers and has said that Nielsen's estimates are wildly inaccurate so we do not know how successful new TV shows or movies are with audiences.

However, the company recently stated that for every subscription plan there are approximately 2,5x user profiles. If that number serves as a guideline, Netflix should have over 310 million active viewers by now.

The company expects to add an additional 6.2 million subscribers in the second quarter of 2018 and is on pace to become a global powerhouse - if it can crack China.

- Source: Netflix



Latest news

Sony X900H HDMI 2.1

Sony launches X900H (XH90), its first 4K TVs with HDMI 2.1

03 Jul 2020 | Rasmus Larsen |
4K HDR movies

'Indiana Jones', 300, Hitchcock, 'V for Vendetta', more coming to UHD Blu-ray

02 Jul 2020 | Rasmus Larsen |
Samsung Blu-ray bootloop

Samsung Blu-ray 'bootloop' issue more widespread than first thought

02 Jul 2020 | Rasmus Larsen |
Vizio OLED TV

Vizio's OLED TVs with HDMI 2.1 to launch this fall, starting at $1300

01 Jul 2020 | Rasmus Larsen |
Vizio 2020 LCD

Vizio launches 2020/2021 4K LCD TVs with FALD, HDMI 2.1

01 Jul 2020 | Rasmus Larsen |
Samsung VR dead

When Samsung axes its VR store, your content vanishes into cyberspace

30 Jun 2020 | Rasmus Larsen |
Apple TV app LG TV

Apple TV app now supports Dolby Atmos on LG TVs

30 Jun 2020 | Rasmus Larsen |
Peacock streaming service

Peacock launches July 15 on Apple TV, Android TV, Xbox, LG, Vizio, more

29 Jun 2020 | Rasmus Larsen |