Netflix reported a 35% increase in global streaming revenue in 2016 to 8.3 billion US dollars. It finished the year with 93.8 million members, having added 19 million in 2016 compared with 17.4 million in 2015.
Netflix forecast a 39% rise in streaming revenues to 2.52 billion dollars in the current quarter, together with net member additions of 5.2 million. In the fourth quarter of 2016, streaming revenues rose 41%.
Reed Hastings, CEO of Netflix, said: "We continue to invest in local programming to complement our content offering and as a means to introduce new members to our global library. We are focusing on local content that travels pan-regionally or across multiple territories, such as Japanese anime and Turkish dramas." source: Netflix statement