Arab Today, arab today membership jumps as netflix pumps original shows
Last Updated : GMT 20:13:35
Arab Today, arab today
Arab Today, arab today

'Orange is the New Black' hits with viewers

Membership jumps as Netflix pumps original shows

Arab Today, arab today

Arab Today, arab today Membership jumps as Netflix pumps original shows

Netflix said that membership jumped 3.3m last quarter, crediting original shows
San Francisco - Arab Today

Netflix on Wednesday said that membership jumped 3.3 million last quarter, crediting original shows such as "Orange is the New Black" that have been hits with viewers.

The gain in subscribers to its streaming television service was a record high for the historically weak second quarter of the year, and raised the total number of people tuned in to 65.55 million.

Most of the growth came from outside the United States, according to the Northern California-based company, which predicted more than three million more new subscribers would sign on during the current quarter.

"We believe the higher than anticipated level of acquisition was fueled by the growing strength of our original programming slate," Neflix chief Reed Hastings said in a letter to shareholders.

He touted successful first seasons for 'Sense8,'  'Marvel's Daredevil,' 'Dragons: Race to the Edge,' and 'Grace and Frankie.'

Updated membership figures were released in an earnings report that showed Netflix topped market expectations with a quarterly profit of $26 million compared to a net income of $71 million in the same quarter a year earlier despite revenue climbing.

Netflix shares, which were adjusted for a 7-to-1 stock split, were up more than nine percent to $107.55 in after-market trades that followed release of the earnings figures.

Netflix executives forecast the company would operate near break-even financially through next year as it invested in international expansion, where exchange rates and other factors can drag on profit.

"We hope to open the entire rest of the world in 2016," Hastings said during an earnings interview broadcast at YouTube, noting that China remained uncertain.

"China, again, we still have some things to figure so I suppose that's possible."

Netflix is to make its debut in Asia with a launch in Japan by November. It is slated to arrive in Spain, Italy, and Portugal in the final quarter of this year.

Along with investing in supporting more languages and show libraries tailored to various markets, Netflix is making a priority of optimizing its service on mobile devices since they are the main tools for accessing the Internet in emerging markets, according to the company.
Source: AFP

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today membership jumps as netflix pumps original shows Arab Today, arab today membership jumps as netflix pumps original shows

 



Arab Today, arab today
Arab Today, arab today Reveals his participation in "Fashion Star" TV show

GMT 12:49 2017 Wednesday ,01 March

Reveals his participation in "Fashion Star" TV show
Arab Today, arab today Tabarka beauty between sea, mountain

GMT 06:37 2017 Wednesday ,01 March

Tabarka beauty between sea, mountain
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Russia, China veto UN resolution

GMT 07:27 2017 Wednesday ,01 March

Russia, China veto UN resolution
Arab Today, arab today NUMP's conference to discuss proplems

GMT 13:40 2017 Wednesday ,01 March

NUMP's conference to discuss proplems

GMT 09:00 2017 Saturday ,25 February

Private data leaked online by Cloudflare bug

GMT 08:44 2017 Saturday ,25 February

Google rolls out AI tool to combat online trolls

GMT 09:21 2017 Thursday ,23 February

Housetohome.co.uk rebrands as Idealhome.co.uk

GMT 09:39 2017 Friday ,17 February

Zuckerberg envisions Facebook as a 'global community'

GMT 09:17 2017 Friday ,17 February

Alphabet's 'Loon' internet plan closer to deployment

GMT 10:08 2017 Thursday ,16 February

New Facebook job-hunting features challenge LinkedIn

GMT 16:32 2017 Wednesday ,15 February

Turkey becomes world’s biggest prison for journalists
View News in Arabic - Media: وسائل الإعلام أخبار
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Lasers flesh out dino-bird profile

GMT 12:24 2017 Wednesday ,01 March

Lasers flesh out dino-bird profile
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Final Phantom VII signals end of an era

GMT 14:31 2017 Tuesday ,28 February

Final Phantom VII signals end of an era
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Najla Badr will participate in “30 Days” drama

GMT 06:23 2017 Monday ,27 February

Najla Badr will participate in “30 Days” drama
Arab Today, arab today Humans spark most US wildfires

GMT 14:58 2017 Tuesday ,28 February

Humans spark most US wildfires

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:54 2017 Wednesday ,01 March

Shanghai expands public smoking ban

GMT 00:47 2017 Monday ,27 February

17.4 million tourists visit UAE in 2016

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:27 2017 Wednesday ,01 March

GSMA: 5 billion mobile phone users in 2017

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday