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Netflix faces a US slowdown as it chases global growth

It adds a record 5.59 million streaming members globally in Q4 while profit slid 48% to US$43.2 million

The success of original serials such as Jessica Jones fuelled growth at Netflix. It plans to introduce 600 hours of original content this year.

New York

THE fourth-quarter results from Netflix paint two different pictures of the company: one achieving record global growth, the other facing a slowdown in the United States, where its already high penetration is making it increasingly difficult to add new subscribers.