World News: 12:14 GMT Wednesday 17th April 2019. [Yahoo Business News Feed via SPi World News]
The streaming service is grappling with that question once again after raising prices in some of its largest territories over the past month. Netflix Inc. predicted it would add just 5 million new customers in the current quarter, well short of Wall Street forecasts for 6.09 million -- a slowdown the company blamed in part on its pricier offerings. “Netflix is balancing subscriber additions with a shift toward profitability,” Geetha Ranganathan, an analyst with Bloomberg Intelligence, said in a report.
Read More: https://finance.yahoo.com/news/netflix-slips-subscriber-forecast-falls-202124338.html
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 07519380.