Netflix has announced that it gained 8.8 million subscribers in the fourth quarter of 2018,\u00a0exceeding its predicted number of 7.6 million new subscribers.<\/p>\n
Of these, 1.5 million were from the US, while the remaining 7.3 million subscribers were from the rest of the world.<\/p>\n
Netflix boasted a total of 139 million subscribers at the end of 2018 – 29 million more users than it had at the end of 2017.<\/p>\n
Netflix also announced that they saw a 35% increase in revenue year-on-year, reaching a total of $16 billion for 2018.<\/p>\n
However, the company’s fourth quarter operating margin dipped from 7.5% to 5.2%, which Netflix put down to their launching of more titles in this period.<\/p>\n
Netflix added that their new original movie, Bird Box, was likely to be viewed in over 80 million households.<\/p>\n
The company also highlighted that they are currently competing more with video games like Fortnite than with television companies such as HBO for user screen time.<\/p>\n
Netflix announced that they saw a 35% increase in revenue year-on-year, reaching a total of $16 billion for 2018.<\/p>\n","protected":false},"author":341039,"featured_media":234064,"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":[56702,1001,2054,20951],"class_list":["post-292674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-broadcasting","tag-bird-box","tag-financial-results","tag-netflix","tag-subscribers"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/292674"}],"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\/341039"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=292674"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/292674\/revisions"}],"predecessor-version":[{"id":292688,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/292674\/revisions\/292688"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/234064"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=292674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=292674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=292674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}