Muvi Blogs

Beyond The Buzz- Latest Insights From Muvi

Please wait while we enable your Account

0%

Contacting Amazon Web Services
Deploying Cloud Servers, Storage, Transcoding & Database Servers
Deploying Global CDN
Deploying Firewall & Enabling Security Measures
Deploying the CMS & Admin Module
Deploying Website, Mobile & TV Apps framework
Creating your FTP account
Finishing up all the modules
Preparing for launch

Netflix breaks records as it hits the 100MN member milestone 19 July 2017

Netflix

The Subscription video-on-demand (SVOD) giant, Netflix now has a global subscriber base of 103.95 million, with non-US subscribers in majority.

According to the Q2 stats released by Netflix, global net additions totalled a record 5.2 million compared to the forecasted number which was two million fewer subs.

This accounted for a 5% increase and for the first 6 months of 2017, net additions were up by 21% year-on-year to 10.2 million. Netflix cited its original programmes like Stranger Things, The Crown, House of Cards, Master of None and Unbreakable Kimmy Schmidt as one of the drivers of it’s strong performance.

Netflix acquired 1.07 million customers in the US to total 51.92 million and an addition of 4.14 million members in the international markets to reach a total of 52.03 million.

Total revenue for the quarter amounted to $2.785 billion out of which $2.671 billion was from video streaming services. Just a little over $1.5 billion of the latter figure originated from the US. The overall operating income amounted to $128 million and net income came to $66 million.

International revenue rose 57% year-over-year, while international ASP grew 10% year-over-year on a foreign exchange neutral basis. Read More

Don't forget to share this post!


Latest Posts

Try Muvi One free for 14 days

No Credit Card Required

.muvi.com
Your website will be at https://yourname.muvi.com, you can change this later.

Related Blogs
Get a Free ‘Exclusive’ Visitor Pass for The NAB Show Las Vegas, 2023,with Muvi

Get a Free ‘Exclusive’ Visitor Pass for The NAB Show Las Vegas, 2023,with Muvi

Muvi – the world’s first no-code OTT platform is ready to showcase its powerful features at the NAB Show 2023,...

23 March 2023
The Importance of Security in eLearning Platforms

The Importance of Security in eLearning Platforms

  In recent years, eLearning has become increasingly popular as a means of accessing education and training online. With the...

20 March 2023
Design Stunning VOD Websites & Applications with Muvi Visual Designer at NAB 2023 Las Vegas

Design Stunning VOD Websites & Applications with Muvi Visual Designer at NAB 2023 Las Vegas

  Celebrating 100 years of broadcast media and entertainment innovation, NAB 2023 is just a few days away. The best...

17 March 2023
5 Reasons to Meet Muvi at the NAB Show 2023, Las Vegas

5 Reasons to Meet Muvi at the NAB Show 2023, Las Vegas

  Muvi – the world’s most easy-to-use no-code streaming service provider, is gearing up to showcase its latest features at...

16 March 2023
On Premise Vs Cloud: Which is Best for your Video Business?

On Premise Vs Cloud: Which is Best for your Video Business?

  On premise Vs cloud – in order for us to determine which is best for the video business, first...

13 March 2023




 

Book a Meeting
close-link