Queue the tirades of angry internetizens threatening to cancel/never do business with Netflix ever again…
In their shareholder earnings call, Netflix detailed their first quarter 2014 numbers. Subscribers are up 2.2 million, They’re seeing strong growth internationally, and overseas losses shrank by almost half, expecting profitability by end of year. Revenue was up around $200 million, but costs also rose in the light of the number of original programs to be produced and advertised. No fewer than eleven new series or new seasons of established season are in the pipeline.
A Netflix app will be coming to cable services which use TiVO DVR’s, with a hopeful nod at additional cable DVR’s in the future. Continue reading “Netflix to raise prices on new subscribers, arrive on Cable DVR’s”