Tag Archives: 3%

Netflix plans to invest about USD 87 million in Brazilian productions in 2020

Netflix will invest R$ 350 million (USD 87 million) in Brazilian productions during 2020 and will launch up to 30 new titles for that market. Greg Peters, Chief Product Officer at Netflix, said the investment will focus on new series and seasons of existing titles. The announcement was made during Futurecom, a telecommunications and technology [...]

Netflix reports record subscriber growth in Q416

Netflix added 7.04 million members globally in the fourth quarter of 2016, beating the company’s forecast of 5.20 million. Netflix said this was the largest quarter of net additions in its history. The streaming giant ended 2016 with 93.8 million members (including free accounts). If only paid accounts are considered, Netflix added 5.81 million and [...]