Netflix Subscriber Count Rises, but Growth Slows at Home
Netflix might be the biggest streaming-video industry but they are threatened by new competition from Hollywood and increased scrutiny from investors over whether it can maintain rapid growth or not.
It has started to gain over 9.6 million customers despite the raised prices over the past year. The shares have also surged over 34% so far.
Not only does Netflix provide old movies and shows it also started "Netflix series" such as one of the films called Roma that recently won an academy award for best director.
Despite getting so much attention and gaining so many more customers it is planning to slow down new seasons and even canceling some shows that don't meet with the raised bar of Netflix.
Don't binge-watch those new shows, you might be disappointed to find that the new season won't come out for months or it might even get canceled.
It has started to gain over 9.6 million customers despite the raised prices over the past year. The shares have also surged over 34% so far.
Not only does Netflix provide old movies and shows it also started "Netflix series" such as one of the films called Roma that recently won an academy award for best director.
Despite getting so much attention and gaining so many more customers it is planning to slow down new seasons and even canceling some shows that don't meet with the raised bar of Netflix.
Don't binge-watch those new shows, you might be disappointed to find that the new season won't come out for months or it might even get canceled.
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