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End of Netflix tightrope just in sight - Venture Insights

Report Overview

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End of Netflix tightrope just in sight

PublisherEnders Analysis.
Publish Date January 25, 2015
Sector Broadcast TV, Fixed Line (Internet and Voice), Media, Sports, Telecom, TV.
Company BT, SKY, TalkTalk, Virgin Media.

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In marked contrast to its Q3 2014 results release, Netflix reported a strong Q4 with respect to paid subscriptions that was ahead of company guidance and consensus expectations.

The positive news about subscriber numbers, which saw a sharp jump in share price immediately after the results, was heavily reinforced by Netflix’s announcement of its aim to expand its global base from 50 to 200 countries over the next two years and generate a material profit from 2017.