Netflix has surpassed 125 million subscribers
Netflix has announced via its investor relations portal that it has reached 125 million subscribers following a string of record subscriber growth.
This milestone marks the second largest quarterly growth for the movie and TV streaming service, with 7.4 million additional subscribers purchasing the service over the past three months. Of those 7.4 million subscriptions, 1.96 million of them are based in the United States.
Netflix cites moves such as its sudden release of The Cloverfield Paradox on Super Bowl Sunday, as well as increasing investment in the production of international content, as primary drivers for the continued increase in subscriber count.
The full report can be found on Netflix's IR portal.
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