Yes, it seems that Netflix is doing OK for itself. The company on Wednesday announced that it added 2.33 million streaming subscribers in the United States over the fourth quarter of 2013, which brings its total number of domestic streaming subscribers to 33.4 million. Netflix is forecasting similarly strong subscriber growth in Q1 2014, as it expects to add 2.25 million more streaming subscribers domestically and 1.6 million streaming subscribers internationally. Ever modest, however, Netflix says that it can’t take all the credit for the strong growth: Rather, the company says that it’s benefitted from “the tailwind of Internet video growth in general.” Indeed, Netflix notes that even Hulu managed to grow its paid subscribers by 65% year-over-year despite having a whopping three CEOs in 2013.
Netflix had a killer holiday quarter, added 2.33 million subscribers
Published Jan 22nd, 2014 4:25PM EST
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Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.
