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Netflix Passes 50M Subscribers Worldwide

The gains announced Monday include an additional 570,000 U.S. subscribers, slightly more than Netflix’s management predicted. The quarter is typically the company’s slowest of the year, as people spend more time outdoors instead of watching video. Netflix ended June with 36.2 million subscribers in the U.S. and another 13.8 million customers in roughly 40 other countries. The Los Gatos, California, company picked up 1.1 million subscribers outside the U.S. in the second quarter, a figure that also topped management’s projections.

By CircleID Reporter

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