Cable / Telecom News

Netflix Canada results could net millions of dollars for Cancon

LOS GATOS, Calif. — Netflix generated almost C$1.1 billion (US$828 million) in annual revenue for the 2018 fiscal year in Canada, with average paid subscriptions coming in at 6.2 million. In its most recent filing of financial results to the U.S. Securities and Exchange Commission, Netflix shed light on the revenues generated by the streaming service in different regions of the world, including Canada. Although its financial numbers for revenue and subscriptions for the Canadian and U.S. markets are lumped together in the SEC filing, Netflix has said previously in a letter to shareholders in October 2019 that its combined...