Netflix is growing much faster than expected – NU.nl

The American streaming service exceeding the expectations of analysts about the growth largely, and saw his shares in the nabeurshandel a big leap to make.

sales picked up last quarter, considerably higher than thought. For the first time was over 2 billion dollars. The company gave more from under the more own productions and licenses. The net profit increased 43.1 million to 51.5 million dollars.

Netflix increased in the recent period, the monthly subscription fee for a lot of people who are already long-term subscriber. The average subscriber is paying about 10 percent more. This creates new income, which according to Netflix will be invested in the production of new series and movies.

For the fourth quarter are expected Netflix 3.75 million new users, of which 1.45 million in their own country.

Stranger Things

Netflix is the channel behind series such as House of Cards, Orange is the New Black, Stranger Things and Narcos. , Especially of the latter two boosted its user numbers, let the service know.

In 2017 will Netflix thousands of hours of original content online, writes the company in a letter to investors (pdf). This year it was six hundred hours.

In the letter confirms Netflix that it no longer intends to make its streaming service to China. Foreign technology companies in China often do not welcome and must anyway cooperate with a local partner to set foot on the ground. Companies must also own heavy censorship to apply. The filmwinkel of Apple was recently closed in the country because the company that did it.

Netflix is now planning for its original series to sell to streamingplatforms that all in China are active, to still receive income from the land to be acquired.

Amazon

Netflix also says that Amazon Prime Video, streaming service of the international online shop, in the autumn worldwide will be available. Start The Grand Tour, the new top of the three former presenters of the BBC series Top Gear.

Earlier, said sources in the television world, all that Amazon is the Dutch rights for several series to the purchases.

By: ANP/NU.en