Tag Archives: nflx

Netflix ahead of target for Q4 international subscribers

Internet television service Netflix (NFLX) got a lift Tuesday from a report that said it may have added nearly 3 million paying subscribers outside the U.S. so far this quarter. Netflix stock rose 3% to 352.31 on the news. But shares are well off their peak of 489.29, reached on Sept. 9, a month before it reported disappointing Q3 results and gave current-quarter guidance below views. It ended the third quarter with 53.1 million streaming worldwide, including 15.8 million outside the U.S. For Q4, Netflix has forecast adding 2.15 million net new international subscribers and 1.85 million domestic subscribers. Those numbers include people on free trial subscriptions. U.K.-based Digital TV Research estimates that Netflix has added almost 3 million new paying subscribers in international markets this quarter, the Hollywood Reporter said Tuesday. Netflix ended Q3 with 14.39 million paid international subscribers. Analyst Simon Murray said he expects Netflix to have…

Netflix preps for launch in Australia, New Zealand

Subscription streaming video service Netflix (NFLX) isn’t slowing its rapid international expansion plans. Late Tuesday, it announced it will launch in Australia and New Zealand in March. The move was widely expected, and a no-brainer for the Internet video network. Australia and New Zealand are English-speaking markets that have already shown a desire for Netflix by using VPN technology to skirt geographic restrictions. Netflix reportedly has amassed more than 200,000 Australian customers who circumvent the company’s geoblocks by accessing its U.S. service through virtual private networks, the Hollywood Reporter said. In September, Netflix launched in six European countries: France, Germany, Austria, Switzerland, Belgium and Luxembourg. The addition of Australia and New Zealand will bring the number of countries and territories receiving Netflix service to more than 50. As Netflix ramps up its geographic reach, it also is splurging on original shows. Last week, it announced plans to…

Verizon FiOS Cord-Cutter Deal Adds Netflix, HBO

Verizon Communications (VZ) is targeting cable TV cord cutters with an aggressive Q4 broadband-first/TV-light promotion that analysts expect will boost its FiOS subscriber additions. For $60 a month, Verizon’s new offering provides 50 megabits per second broadband service, FiOS TV local package, HBO, Showtime and one year of Netflix (NFLX). Pricing for the rest of the package is locked in for a two-year period. The offer, which began last week, is