Netflix beat Wall Street estimates (again) by adding 5.3m subscribers vs. a projection of 4.4m.
More on this topic. Netflix Has Secret Weapon in Hollywood’s Multibillion-Dollar Arms Race
84% of growth and 51% of total subscribers are international.
Previously on SOTS. Disney’s Building Its Own Netflix. Everyone Else Might, Too
Disney makes roughly $12/month from every cable TV subscriber in the U.S.
Netflix makes roughly $9/month from all 104m subscribers and has a direct relationship with the customer.
Our prediction. Netflix will pass Disney in subscriber/affiliate revenue over the next year.
They are also planning on releasing 80 movies in 2018!