16-10-2019 23:48 via adage.com

Netflix brushes off 'streaming wars' by adding 6.8 million subscribers

Netflix says it’s ready for the “streaming wars” in its third-quarter earnings report that showed subscriber growth rebounding even as new on-demand digital video threats emerged.Netflix released its third-quarter results today, saying it has added 6.8 million total customers in the period, which increases the size of its audience to 158 million paid memberships. In the U.S. alone, Netflix added 500,000 paid members, compared to the second quarter when it lost su
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