Netflix can experience the future of tough. Is facing fierce competition from the likes of Hulu and Amazon Prime Video, and may also face competition from the streaming service with Disney during the next two years, which may lead the latter to the termination of agreements of licensing with Netflix and pull some TV programs and movies from the Netflix service.
But at the moment it seems that Netflix is working fine because according to the most recent past of the company, has indicated that they managed to add 8.3 million new subscribers to its service in the previous quarter. Proud that last year’s fourth quarter is the highest Quarter in its history, this number of new subscribers is greater by about 18% compared with the figure registered in the year 2016 which amounted to 7.05 million subscribers.
With the addition of 8.3 million subscribers in the fourth quarter of last year, has become the service Netflix now holds a total of up to 110 million subscribers in all over the world with the knowledge that half of these participants, and exactly 52 million subscribers are in the United States of America alone. Reported Netflix also that it will continue its strategy so that it will invest more money in creating visual content, such as the production of materials new to the series like The Punisher and Mindhunter.
In addition, according to the CEO of Netflix, Mr. Reed Hastings that he would engage in the service of the Disney Hall, indicating that he was concerned about the changes.
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