When Netflix announced their plans to go global, no doubt that this was great news as it meant more subscribers, and Netflix’s efforts are definitely showing because according to the company’s latest quarterly report, they are now boasting a subscriber count of a whopping 125 million.
Netflix has been on a roll in adding new subscribers because back in Q4 2017, they managed to add 8.33 million, and in their latest quarterly report they have revealed that they have managed to add an additional 7.4 million. No doubt expanding to more markets has definitely helped Netflix’s cause, but at the same time the company has been busy churning out a ton of original content.
The company’s original TV series are still ongoing and they have also added a few more. They have also branched out to other countries in developing local and original content, plus there are a ton of Netflix original movies such as Bright, The Outsider, and more. Granted not all of them were successes, but the constant churning out of content has managed to keep its subscribers entertained.
No doubt these subscribers are vital to Netflix, especially with Disney expected to launch their own streaming service next year with pretty huge franchises already under their belt, and a possible acquisition of Fox’s TV and film studios.