FILE PHOTO: The Netflix logo is seen on their office in Hollywood, Los Angeles, California, U.S. July 16, 2018. REUTERS/Lucy Nicholson/File Photo
July 17, 2019
(Reuters) – Netflix Inc added fewer paid subscribers than expected in the second quarter as the video streaming pioneer raised prices in some of its major markets, including the United States.
Netflix added 2.7 million paid subscribers internationally, compared with analysts’ estimate of 5.05 million, according to IBES data from Refinitiv.
(Reporting by Vibhuti Sharma in Bengaluru; Editing by Anil D’Silva)