8 year old twins, Ashay Jorel and Devin Kalel, discuss the global expansion announced today by $NFLX CEO Reed Hastings at CES in Las Vegas.
Netflix is now in an additional 130 countries including India, Russia, Poland, South Korea, Singapore, and Vietnam. Before today, Netflix was in 60 countries, so it’s now in 190 countries.
At the end of 2015, $NFLX had 73M subscribers. Now it’s projected to pick up an additional 268M subscribers by EOY. So by the end of 2016, $NFLX should have a total of 341M subscribers. The international growth should help overcome the slowdown of domestic subscribers.