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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen	8/24/2016 9:45:52 AM
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The Majority of Netflix Subscribers Will Be International Within 2 Years Netflix’s aggressive push into international markets might just pay off, according to a new report. The streaming services’s international subscriber base is expected to outpace the company’s U.S. subscriber base by 2018, according to data analytics firm, IHS Markit. “By 2018, international subscribers will overtake the number of subscribers in the US for the first time, and by 2020, Netflix will have 75 million international subscribers,” IHS Technology senior analyst Irina Kornilova wrote in a Tuesday note. “By 2020, Netflix global revenues are expected to reach $13 billion, with 53% accounted for by Netflix International markets. Domestic streaming revenues are expected to hit $6.2 billion by 2020, and international revenues to reach $7 billion.” fortune.com

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