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Netflix customer growth slows in US, still strong abroad

Thursday 15 October 2015 | 08:45 CET | News
Netflix reported a slowdown in customer growth in the US in the third quarter, but grew faster than expected at its international activities. In the US, the company added 0.88 million new streaming customers, less than the 1.15 million forecast, for a total 44.83 million. Netflix blamed the weak performance on the transition to chip-based payment cards in the US, which led to higher "involuntary churn". At the international activities, the company gained 2.74 million customers, more than the 2.4 million forecast, for a total 25.99 million customers at the end of September. Total revenues rose

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Categories: Internet
Companies: Netflix
Countries: World
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