Netflix's shares have come under pressure after the company said it will make a net loss for 2012. In the prospectus on its USD 400 million debt and equity offering, the company said the full-year net loss is due to the cost of expanding to the UK and Ireland next year as well as pressure on customer numbers in the US after its recent price changes. The company previously said only that it expects a net loss in Q1 2012. Netflix said streaming and DVD subscriber cancellations slowed in October and the first half of November, while gross additions of new streaming subscribers remained strong. The company said it still expects domestic streaming net additions to be about flat for November as a whole and strongly positive for December. However, until it reaches positive net additions again, quarterly revenues will be flat.
