Netflix Is On A Path For World Domination

September 13, 2014 2:00 PM

24 0

This month Netflix Netflix is expanding in Europe to six more countries including France and Germany. That means Netflix will now be available in 13 European countries. International is a crucial area of growth for Netflix. Over the last 12 months domestic streaming has grown 22% while international streaming has jumped 46%. With 13 million subscribers outside of the U.S., today international only accounts for 28% of Netflix’s total streaming subscriber base.

So what kind of growth can investors expect to see from Netflix’s march across Europe? Michael Nathanson, of Moffett Nathanson Research, believes that by the end of 2014, Netflix could grow international subscribers 44% over 2013 numbers to 17.2 million international subs. He believes that Netflix ...

Also read: Apple announces multi-year content deal with Oprah Winfrey

Read more

To category page