
#Netflixandchill takes off worldwide – subscriber boom means celebration @Netflix – an annotated infographic
Netflix is booming on the back of its subscribers outside of the United States. The Silicon Valley-based streaming service added 9.9 million paid subscribers in the first six months of 2017. Last year Netflix burned through $1.7 billion creating original content – an estimated 126 series or films to offer something unique to its global web subscribers. Netflix is projecting an even wider gap in 2017, with free cash flow – that’s cash from operations minus capital expenditures – worsening to a $2 billion outflow. Netflix hasn’t had a positive free cash flow for three years and expects negative cash … Continue reading #Netflixandchill takes off worldwide – subscriber boom means celebration @Netflix – an annotated infographic