« The strangest thing about this Dan Aykroyd video: He's serious. | Main | Palin to return the Fey-vor? »

October
6
Netflix sinks under subscriber expectations

NetflixBy the end of September, Netflix had signed up fewer people than expected and the company has also lowered projections for the fourth quarter, Meg Tirrell writes. The third-quarter shortfall wasn't that bad -- Netflix had 8.672 million subscribers, off a projected 8.675 million to 8.875 million -- but the economy along with competition from Blockbuster, Apple and Amazon, among others, suggests an uphill road. The company still hopes to see its subscriber base increase to 9.55 million by the end of the year. [Bloomberg]

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341bfc7553ef010535575e40970b

Listed below are links to weblogs that reference Netflix sinks under subscriber expectations :

Comments

Post a comment

If you have a TypeKey or TypePad account, please Sign In.


About HAL

HAL is dedicated to collecting entertainment business news in film, TV, the web, videogames and music, always giving credit to the source and, whenever possible, its author. To recommend a site or an article to HAL, click here.

About the editor of HAL