The US online video service Netflix continues to attract more and more users with its costly policy of original productions and international expansion.
The stream video services (streaming) claimed 65.55 million users in late June, a gain of 3.28 million in three months and 15.51 million in a year, he said Wednesday.
Its total turnover, which always includes a small historical activity DVD rental, appears in the second quarter jumped 23% year on year to $ 1.64 billion. Its net profit however plunged 63% to $ 26 million.
The group, which invests heavily in particular the original production of series and films in order to have exclusives to attract users, including sales to 10.1 billion financial obligations for streaming content this quarter.
“Almost 99% of Netflix members interacted with the original content,” he says in his quarterly letter to investors, seeing it as “an indication that we are on the right track.”
The announced results also seemed popular on Wall Street, where the title of the group jumped by 9.86% to 107.86 dollars around 19.00 in electronic trading after the close of the formal meeting.
Netflix reaffirms its intention to increase its investment in original production. After the series like House of Cards and Orange Is the New Black, his first film, Beasts of No Nation including actor Idris Elba (The Wire), will be released on Netflix and some cinemas in October. The group also announced a film with Brad Pitt , War Machine, for next year.
While the bulk of its new users in the second quarter (2.37 million) came from abroad, the service displays also always aims to be available worldwide by the end of 2016. After Australia and New Zealand in late March, it is preparing to launch in Japan in the third quarter, followed by Spain, Italy and Portugal in the fourth quarter 2016 and aims for China where he says continue to explore his options.
This expansion will inflate its costs, but it is still dangled a net income at break globally in 2016, and profits from 2017.
The management of Netflix, which had opposed in the past to the marriage of US cable operator Time Warner Cable with its competitor Comcast, said he also now favored merger with a smaller player in the sector, Charter.