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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

Published Wed, Jan 20, 2016 · 09:50 PM
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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.

The company announced on Tuesday that it had topped expectations in adding a record 5.59 million total streaming members during the qu…

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