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Netflix crosses 50 million subscribers worldwide and takes aim at Comcast / TWC

Discussion in 'News' started by Athlon646464, Jul 22, 2014.

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  1. Athlon646464

    Athlon646464 Gold Members DBSTalk Gold Club

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    Netflix crosses 50 million subscribers worldwide and takes aim at Comcast / TWC

    (Engadget.com) - It looks like that (pending 2 years for existing customers) price hike hasn't greatly affected Netflix's popularity, as it announced today that it has 50 million customers altogether. About 36 million of them are in the US, and Netflix specified that's about to launch in more European countries (Germany, Austria, Switzerland, France, Belgium and Luxembourg) in September. Its profit also more than doubled this quarter, up to $71 million from about $30 million in the same period last year....

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