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The rise in prices is a deterioration of Netflix «DiePresse.com



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Worldwide, during the three months following the end of June, only 2.7 million new payment subscriptions were added, as the online video service of Netflix announced Wednesday the closure of the North- American This left Netflix far below its own forecast of five million new users. In general, the transmission giant brought about 152 million paid memberships by the end of the quarter.

In the market, the figures caused a bad mood: the stock broke more than ten percent after the first hour. Netflix had increased prices in the United States and other countries and already dampened expectations, but no such growth was expected for users. The fact that sales increased 26% year-on-year, up to 4.9 billion dollars and that the benefits of 270.7 million dollars (241.20 million euros) were above the forecasts of financial analysts;

(APA / DPA)

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