Netflix Now Has Over 30 Million Streaming Members Globally

Loading...
Loading...

LOS GATOS, Calif., Oct. 25, 2012 /PRNewswire/ -- Netflix Inc. NFLX, the world's leading Internet subscription service for enjoying TV shows and movies, now has more than 30 million streaming members globally, including over 25 million in the U.S.

(Logo: http://photos.prnewswire.com/prnh/20101014/SF81638LOGO)

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."

About Netflix

With more than 30 million streaming members in the United States, Canada, Latin America, the United Kingdom, Ireland and the Nordics, Netflix, Inc. NFLX is the world's leading Internet subscription service for enjoying movies and TV programs. For one low monthly price, Netflix members can instantly watch movies and TV programs streamed over the Internet to PCs, Macs and TVs. Among the large and expanding base of devices streaming from Netflix are the Microsoft Xbox 360, Nintendo Wii and Sony PS3 consoles; an array of Blu-ray disc players, Internet-connected TVs, home theater systems, digital video recorders and Internet video players; Apple iPhone, iPad and iPod touch, as well as Apple TV and Google TV. In all, over 800 devices that stream from Netflix are available. For additional information, visit www.netflix.com. Follow Netflix on Facebook and Twitter

SOURCE Netflix, Inc.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
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...