{"id":220170,"date":"2017-07-18T07:35:58","date_gmt":"2017-07-18T05:35:58","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=220170"},"modified":"2017-07-18T07:36:20","modified_gmt":"2017-07-18T05:36:20","slug":"netflix-breaks-through-100-million-subscribers","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/broadcasting\/220170-netflix-breaks-through-100-million-subscribers.html","title":{"rendered":"Netflix breaks through 100 million subscribers"},"content":{"rendered":"

Netflix has released its second-quarter 2017 financial results<\/strong><\/a>, which showed that its streaming membership grew from 99 million to 104 million.<\/p>\n

Netflix\u2019s global subscribers grew by 5.2 million over the last three months , much higher than the forecasted 3.2 million.<\/p>\n

\u201cOur Q3 guidance assumes much of this momentum will continue, but we are cognizant of the lessons of prior quarters when we over-forecasted and there was lumpiness in net adds,\u201d Netflix said.<\/p>\n

Netflix has aggressively grown its international subscriber base, which now accounts for 50.1% of its total membership base.<\/p>\n

\u201cInternational revenue rose 57% year over year, excluding a $23 million impact from foreign exchange,\u201d Netflix said.<\/p>\n

\u201cWe are making good progress with our international expansion as improving profitability in our earlier international markets helps fund significant investment in our newer territories,\u201d the company added.<\/p>\n

\u201cIt\u2019s been twenty years since Netflix was founded and we still thrive on connecting people with great stories. Someday, we hope to entertain everyone,\u201d Netflix said.<\/p>\n

Now read:\u00a0Netflix launches \u201cchoose your own adventure\u201d style cartoons<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"

It\u2019s been twenty years since Netflix was founded, and the company said it hopes to entertain everyone in future.<\/p>\n","protected":false},"author":23,"featured_media":202482,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[24],"tags":[2054],"class_list":["post-220170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broadcasting","tag-netflix"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/220170"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=220170"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/220170\/revisions"}],"predecessor-version":[{"id":220182,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/220170\/revisions\/220182"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/202482"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=220170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=220170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=220170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}