Cable & Telecom

Netflix adds 3.3M more subscribers in Q2; gears up for original feature film releases, mobile optimization

LOS GATOS, CA – Netflix added a record 3.3 million new streaming members in the second quarter as it continues its quest to make the service available throughout the world by the end of 2016.The online streaming giant said late Wednesday that it gained 900,000 new customers in the U.S., where it now boasts 42.3 million, and added 2.4 million in its international markets to reach 23.25 million customers.  The company generated $1.48 billion in total streaming revenue for the quarter, up from $1.15 billion year-over-year, and now has 65.55 million total streaming subscribers.Netflix credited the higher than anticipated level of acquisition...
 

Our industry and COVID-19

We've gathered a number of links where Canadian cable, radio, television, telecom and wireless companies have posted their responses to the Covid-19 pandemic.