Market Overview

Netflix Reports 30M Streaming Members Globally

Netflix (NASDAQ: NFLX) now has more than 30 million streaming members globally, including over 25 million in the U.S.

Netflix hit the 10 million member milestone in 2009, a decade after it launched its DVD-by-mail service in the U.S.  That number jumped to 20 million members by the end of 2010 with the widespread adoption of the Netflix streaming video service in the U.S. and Canada.

The expansion over the last 22 months comes both from the continued growth of U.S. and Canadian streaming subscribers as well as the introduction of the Netflix "watch instantly" service to new markets in Latin America and Europe. Netflix is currently available in 51 countries, with Sweden, Norway, Denmark and Finland the most recent additions.

In a Facebook post today, Netflix Co-founder and CEO, Reed Hastings, thanked subscribers, adding "your choice to be a Netflix member helps us to get more content every year and helps us further improve the Netflix experience. You make it possible for us to create the most amazing Internet television experience ever."

See full press release

Posted-In: News Guidance Contracts Asset Sales Management Global

 

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