05-08-2016 10:59 via thedrum.com

Netflix brushes aside pricing and membership fears with optimistic vision

Netflix has dismissed analyst concerns that it may have peaked after posting a disappointing increase in membership over the second quarter, when new members fell well short of a targeted increase of 2.5m, by stating that it would be wrong to become ‘too focussed’ on one quarter’s results.
Speaking to the BBC chief executive Reed Hastings said: “We grew in the second quarter from 81 to 83 million members; it wasn’t as much as we were hoping for but it was still grea
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