Netflix subscriptions climb steadily in Canada

LOS GATOS, CA – Approximately 1.2 million Canadians have signed up for Netflix, the U.S. based streaming service reported. In a note to shareholders announcing its fourth quarter financial results, CEO Reed Hastings and CFO David Wells said in its 5th quarter since launching international operations, Netflix has topped 1.9 million international streaming members (international figures include Canada, Latin America, the U.K. and Ireland). New shows and movies added to its Canadian library both drove increased hours viewed per member and member acquisition during the quarter, the note continued. “The market opportunity in Canada is exciting enough that we continue to...