Share Prices Drop, Growth in Subscriptions Slows for Netflix

More

Netflix announced it expects slower growth in subscriptions Monday, causing its shares to drop 9 percent, The Wall Street Journal's Joan E. Solsman reports. Netflix said it was getting more expensive to win new customers, plus the number of people cancelling their subscriptions inched upward. Though the company added 1.8 million customers in the second quarter, it expects to add 700,00 subscribers in the third quarter, ending in September.

Read the full story at The Atlantic Wire.

Jump to comments
Presented by

The Atlantic Wire is your authoritative guide to the news and ideas that matter most right now.

Get Today's Top Stories in Your Inbox (preview)

Sad Desk Lunch: Is This How You Want to Die?

How to avoid working through lunch, and diseases related to social isolation.


Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

Where Time Comes From

The clocks that coordinate your cellphone, GPS, and more

Video

Computer Vision Syndrome and You

Save your eyes. Take breaks.

Video

What Happens in 60 Seconds

Quantifying human activity around the world

Writers

Up
Down

More in Technology

Just In