David Wells

Netflix CFO defends US$6bn content spend

David Wells

Netflix financial chief David Wells has claimed Netflix’s multi-billion dollar content spend is the key factor in the international SVOD service’s subscription growth. CFO Wells… Read more

Netflix aims for half original, half licensed content split

Netflix series, Narcos

Netflix aims to move to a 50-50 split between licensed and original content, according to the company’s chief finance officer, David Wells. Speaking at Goldman Sachs’… Read more

Netflix misses US sign-up targets in disappointing Q3

netflix THUMB

Netflix missed its US target for new customer sign-ups and reported lower than expected operating income in its third quarter results. The subscription video-on-demand service… Read more

Netflix pass 65 million subscribers, confirms China launch plan

netflix THUMB

Netflix passed the 65 million subscriber-mark in the second quarter and confirmed plans to launch in China next year as part of its ongoing expansion… Read more

Internet TV to replace linear in 20 years, says Netflix

Netflix co-founder and CEO, Reed Hastings

Over the next 20 years internet TV is going to replace linear TV as the way that people consume video, according to Netflix president and… Read more

Netflix tops 60 million global members

netflix Bedroom_Device_shot1-0043_V_Final_0000_L_play_onb2

Netflix has passed the 60 million-member mark after achieving “several major milestones” in the first quarter of the year.  Announcing its Q1 results, Netflix said… Read more

Netflix hoped for ‘non-regulation’ solution to net neutrality

David Wells

Netflix’s chief financial officer David Wells has said that the firm was hoping for a “non-regulation solution” to net neutrality, following the FCC’s adoption of… Read more

Netflix hits five million Latin America customers

Netflix thumb

Netflix hit five million Latin American customers in the fourth quarter of last quarter, from a total of 18.3 international streaming members, the firm has… Read more

Netflix to complete global expansion in two years

Netflix lifestyle

Netflix has said it plans to complete its global expansion, while staying profitable, over the next two years, outlining plans to up its footprint from… Read more

Netflix to up expansion efforts in 2015

David Wells

Netflix is gearing up to make a “sizeable expansion” next year, that could surpass the number of rollouts it has made this year, according to… Read more