Radio & Television

Netflix misses growth targets

LOS GATOS, Calif. – Netflix’s second quarter saw paid membership grow by 2.7 million subscribers, which was far less than the 5.5 million growth in subscribers Q2 2018, and well off the company’s 5 million forecast for the quarter ended June 30th.The company actually lost 130,000 customers in the U.S., where it had expected to add more than 350,000.Despite that, the company said Wednesday evening when it announced its results after the markets closed, it expects 7 million paid memberships in Q3, more than the 6.1 million in the same quarter a year ago, driven by people coming on board...
 

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.