Netflix Gains 9.6 Million Subscribers in the First Quarter of 2019

Roshan Dwivedi Published on : 17 April 2019

Netflix Video Streaming Gains 9.6 Million Subscribers in 2019 Q1

According to the Q1 reports of Netflix, the video streaming giant adds 9.6 million new subscribers in the first three months of the year, despite increasing competition from rivals.

Now, Netflix has a total of 155 Million global users with almost 148 Million paying subscribers. With this, Netflix makes up nearly 30% of global video streaming subscriptions and continues to dominate the industry over a majority.

In a press release, Netflix stated: “We don’t anticipate that the new entrants will materially affect our growth because the transition from linear to on-demand entertainment is so massive and because of the differing nature of our original content offerings”.

Last year, Netflix spent $12 billion for producing original content and the analysts expect the figure to surpass $15 billion in 2019.

Written by: Roshan Dwivedi

Add your comment

Leave a Reply Cancel reply

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.

I agree to Muvi's Terms & Privacy Policy.

Upcoming Webinar

December 07

8:00AM PST

The Evolution of Streaming: Past, Present & Future with Muvi

Let’s uncover the past, navigate the present, and chart the course for what’s next in the dynamic world of streaming! In this webinar, we’ll embark on a journey through the dynamic landscape of streaming, exploring its roots, current state, and the exciting innovations shaping its future, all while uncovering the role of Muvi in this transformative journey.

Things the webinar will cover:

Introduction to Streaming’s Origins:
- Tracing the beginnings of streaming technology.
- Milestones and key developments that laid the foundation.
Current Streaming Landscape:
- Overview of the current streaming ecosystem.
- Market trends, consumer behavior, and the impact of global events.
Muvi’s Contribution to Streaming:
- How Muvi has played a pivotal role in the evolution of streaming.
- Case studies and success stories highlighting Muvi’s impact.
Technological Advancements:
- Exploring cutting-edge technologies influencing streaming.
- Muvi’s role in integrating and harnessing these advancements.
Content Delivery Strategies:
- Diversification in content types and formats.
- Muvi’s solutions for optimizing content delivery.
Monetization Models:
- Examining varied revenue streams in streaming.
- Muvi’s tools for effective monetization and subscription management.
User Experience and Engagement:
- Enhancing user satisfaction and engagement.
- Muvi’s features for creating a seamless streaming experience.
Future Trends and Innovations:
- Predictions for the future of streaming.
- Muvi’s roadmap and commitment to staying ahead of industry trends.