About this weblog

What you need to know: This weblog captures key data points about the global telecoms industry. I use it as an electronic notebook to support my work for Pringle Media.

Wednesday, January 20, 2016

Netflix Sees Slight Acceleration Ahead


Netflix forecast that it will generate revenue of 1.81 billion US dollars in the first quarter of 2016, a year-on-year increase of almost 30%. That compares with a year-on-year increase of 28% in the fourth quarter to 1.67 billion dollars.

Netflix also predicted that it will add a further 6 million "members" in the first quarter, following an increase of 17 million across the whole of 2015. Netflix said its members streamed 42.5 billion hours of video in 2015, up from 29 billion hours in 2014.  source: Netflix statement

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