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Netflix at 10: still growing, still spending - Venture Insights

Report Overview

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Netflix at 10: still growing, still spending

PublisherEnders Analysis.
Publish Date January 27, 2017
Sector Digital Media, Digital Video, Internet, Media, online video, OTT Video, TV, Video Entertainment.
Company Amazon, NETFLIX.

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Netflix celebrated the 10-year anniversary of its streaming service by posting its largest quarterly rate of subscriber growth, adding just over 7m new subscribers in Q4 2016, smashing its own forecast for the period of 5.2m.

5.12m of the new subscribers were for its international services, attributed to acceptance of its growing suite of English language original programs. But growth is just as likely related to the bolstering of overseas offerings with acquired programming, after launching worldwide with relatively small libraries.

While re-establishing confidence after a period of doubt when missing targets in Q2, challenges await; most notably concerns around net neutrality, diversifying content genres, and the open question as to how effectively original programming will be able to carry the service.