Netflix To Get 1.2 Million New Viewers In U.K.

Netflix, Inc. NFLX will gain about 1.2 million U.K. viewers with a roll-out to TalkTalk PLC customers this month.

Netflix, which expects to post fourth-quarter results January 20, has about 53 million members in nearly 50 countries.

TalkTalk, which trades on the London stock exchange under the symbol TALK, provides broadband and telephone services to about four million customers in the U.K.

Netflix launched in the U.K. and Ireland in January 2012 and has touted international expansion during recent quarters.

In the period ended September 30, Netflix's paid international memberships increased 78 percent to 14.4 million from a year earlier, although international expansion costs have weighed on earnings.

Netflix changed hands recently at $318.03, down more than 3 percent.

Market News and Data brought to you by Benzinga APIs
Posted In: NewsTechTalkTalk
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...