Netflix Slow Growing?!
Netflix is growing slower than it expected in the first three months of of 2017, but Netflix insist that it is ‘gigantic’
Netflix added 4.95million new subscriptions in the first quarter of this year fewer than the 5.3million that they forecast.
The streaming giant blamed the House of Card series which debuted in the first quarter of 2016 and this years season has been pushed into Q2 as being the main reason for the slow growth.
It is still expected to add 8.15million new subs in total for the first half of 2017, a tad below the 8.42million it added during last years first half. They’re expected to reach 100million subscribers by this weekend.
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