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-   -   Netflix's growth is slowing — and investors are fleeing (https://hameed.nwar.uk/vb/showthread.php?t=2005261)

rss 07-19-2016 12:40 AM

Netflix's growth is slowing — and investors are fleeing
 
Netflix's growth is slowing — and investors are fleeing
http://i.amz.mshcdn.com/7okNTTZN9z7z...5%2FHOCep4.jpghttp://a.amz.mshcdn.com/assets/feed-...50839a8e00.jpghttp://a.amz.mshcdn.com/assets/feed-...32c6f24ba1.jpg
Netflix is still growing, but **t as fast as it once was.*

The streaming service added only 1.7 million members in the second quarter of 2016, nearly 1 million fewer than expectations.*

During the same period last year, Netflix added 3.3 million members.*

SEE ALSO: Netflix signs deal to exclusively stream CW shows 8 days after season finales


"We are growing, but **t as fast as we would like or have been," CEO Reed Hastings wrote in a letter to shareholders Monday. "Disrupting a big market can be bumpy, but the opportunity ahead is as big as ever and we continue to improve every aspect of our business." Read more...


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