Cable / Telecom News

Netflix blows by own subscriber targets to top 137M subs


LOS GATOS, CA – Shaking off reports of slowing growth, Netflix added 7 million new subscribers in its third quarter, ahead of its internal forecasts and pushing its worldwide customer base to 137 million.The record number of additions from July through September included 1.09 million domestically and 5.87 internationally.In a note to shareholders that included its Q3 results, Netflix credited its slate of original programming for helping to boost streaming revenue to $3.91 million, a 36% jump year-over-year.  This past quarter, in original series, the streamer launched new seasons of ​Orange is the New Black, ​Ozark, and Marvel’s Luke Cage, plus...