Netflix Adds Nearly 7 Million New Subscribers

Netflix added 6.96 million new subscribers during the third quarter of 2018, bringing its global total to 137 million. 1.09 million of these new subscribers were added in the US alone.

The company predicts a further increase of 9.4 million subscribers for the fourth quarter, an increase of 13% year-on-year. Netflix also announced third-quarter profits of $403 million, up from the $129.6 million seen in the third quarter of 2017.