Cable & Telecom

Netflix closes in on 150M subs after Q1 additions set new record

LOS GATOS, CA – Netflix recorded the highest quarterly paid net additions in its history, adding 9.6 million new subscribers in the first quarter of 2019.The streaming giant said late Tuesday that its worldwide customer base now stands at 148.9 million overall after signing 1.74 million new subs in the U.S. and 7.86 million internationally.  The 16% increase year-over-year was ahead of its internal forecasts and set a new quarterly record.“For 20 years, we’ve had the same strategy: when we please our members, they watch more and we grow more,” read the note to shareholders that included its Q1 results.Netflix...

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.