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Netflix enjoys surge of new subscribers in late 2017

Written by James Delahunty (Google+) @ 23 Jan 2018 11:00 User comments (3)

Netflix enjoys surge of new subscribers in late 2017 Streaming giant Netflix added a record number of new subscribers to its service in the fourth quarter of 2017, which it has credited to investment in original content.
Netflix now has more than 117 million paying subscribers for its service, the majority of whom are now located outside the United States. In the fourth quarter of 2017, Netflix added a record 8.3 million subscribers, of which 6.36 million were international subscribers.

The firm recorded revenue of $3.3 billion during the quarter which is up almost a third compared to the same period of 2016. Profits were reported at $186 million, up almost 300 percent year over year.

Netflix is crediting the good news with its investment in original content. New seasons of hit shows including Stranger Things, the Crown, Black Mirror and investments in new films such as Bright (starring Will Smith) provided Netflix with a strong line up for the past few months. It also has to be noted that Netflix did increase its prices during the quarter.

The service is now available in more than 190 countries around the world and is investment more in local content.

Tags: Netflix
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3 user comments

127.1.2018 12:57

Start out offering Both DVDs and streaming @ 10 bucks, Then Seperate after giving people a taste and getting addicted to having it for so cheap, Start making your own movies and BAM charge whatever the hell you want till we are paying them just as much as cable and other!! Greed netflix slowly constantly raising prices for pure profit.


thank god for other better options and some free that are better (Kodi) should make the 2018 year look so much better for netflix LMAO

This message has been edited since its posting. Latest edit was made on 27 Jan 2018 @ 12:58

229.1.2018 12:29

Originally posted by simbalage:
thank god for other better options and some free that are better (Kodi) should make the 2018 year look so much better for netflix LMAO
Kodi is literally theft. Imagine if everyone used it in lieu of paying for movies. How would movies be made?

It would turn into a literal crapfest a la YouTube.

329.1.2018 22:36

Originally posted by SProdigy:
Originally posted by simbalage:
thank god for other better options and some free that are better (Kodi) should make the 2018 year look so much better for netflix LMAO
Kodi is literally theft. Imagine if everyone used it in lieu of paying for movies. How would movies be made?

It would turn into a literal crapfest a la YouTube.

Absolutely false. Kodi, itself, is merely a useful streaming program, and is perfectly legit. They don't make and are not responsible for the various piracy-oriented plugins that are available.

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