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Netflix cuts subscriber growth forecast

Thursday 15 September 2011 | 16:48 CET | News
Netflix has lowered its subscriber growth figures for the third quarter, following an increase in its prices earlier this month. The online video and DVD rental company recently changed its subscription plans in its home market the US, requiring customers to take separate subscriptions for either online streaming or DVD rentals. To get both services, they need to pay USD 15.98 per month, rather than the previous USD 9.99. The company now expects to end September with 21.8 million streaming customers, down from an estimate on 25 July of 22 million, while the DVD customer base is estimated at

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Categories: Internet
Companies: Netflix
Countries: United States
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