Netflix: bigger than expected Increase in the number of subscribers, the title climbs


© Reuters. NETFLIX: bigger THAN EXPECTED INCREASE in THE NUMBER Of SUBSCRIBERS, THE TITLE CLIMBS

(Reuters) – Netflix (NASDAQ:NFLX) was recorded in the fourth quarter was a growth in the number of its subscribers around the world more than expected, taking advantage in particular of the dissemination of his original productions such as “The Crown” and “Stranger Things”.

The title, which has ended in increase of 3.23%, was 9% in trade after the stock Exchange, with market capitalization record of $ 108 billion (88,10 billion euros).

The american group of video on the internet has seduced 6,36 million subscribers in its international markets, compared to 5.1 million anticipated by analysts according to the firm FacSet.

In total, the number of subscribers increased by 8.33 million over the period October-December. Netflix had projected an increase in the overall number of its subscribers by 6.3%.

The group also indicated that Rodolphe Belmer, director general of Eutelsat joined the board of directors.

(Aishwarya Venugopal in Bangalore; Catherine Mallebay-Vacqueur for the French service)

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