Netflix Announces Q3 Results, Cites Involuntary Churn for Slower U.S. Growth
Yesterday Netflix announced its third quarter earnings for 2015. Overall, global membership increased by 3.62 million to 69.17 million subscribers, representing an increase of nearly 20%. Growth on the U.S. side of membership, however, was lower for the period. In the U.S., Netflix added 0.88 million new members, compared to 0.98 million new members for the same period last year, an 11% decrease. …
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