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Netflix reports $2.35B in revenue, adds 7 million new subscribers in Q4 2016

Netflix has recorded $2.48 billion revenue in Q4 2016, up 41% YoY. The US based streaming service added 7.05 million subscribers of which 1.93 million members were from the U.S. and 5.12 million internationally. Netflix said it was the largest-ever quarterly subscriber growth in its history.  In 2016, Netflix generated $8.3 billion in global streaming revenue (35% y/y … Continue reading "Netflix reports $2.35B in revenue, adds 7 million new subscribers in Q4 2016"
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http://www.fonearena.com/blog/209502/netflix-reports-2-35b-in-revenue-adds-7-million-new-subscribers-in-q4-2016.html

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