Cable / Telecom News

“Record” Q4 sees Netflix top 139 million subs

LOS GATOS, CA - Netflix added 8.8 million new paid subscribers in its fourth quarter of 2018, higher than its internal forecasts, and pushing its worldwide customer base to 139 million.The record number of additions included 1.53 million paid net adds in the U.S. and 7.31 million internationally, and the streamer said that the 26% jump in overall net gain was the biggest Q4 in its history.In a note to shareholders that included its Q4 results, Netflix once again credited the success of its original content, adding that it is now “less focused” on second run content.“We’re making significant investments in...