Netflix Looks at China

Netflix has passed 65 million subscribers, adding 3.3 million in Q2 (0.9 million in the US, 2.4 million outside) compared to a forecast of 2.5 million, and almost double the 1.7 million added in Q2 last year. It has plans already in place to launch in Japan in Q3; in Spain, Italy and Portugal in Q4; and in further global markets after that. In an earnings call, the firm said that it is hopeful of launching in China in 2016.