Netflix continues to grow, but there’s cause for concern for the company.
Another 3.62m subscribed to the service between July and September, taking the overall numbers of users to 69.17m.
But despite this, the numbers of new subscribers in the US was less than Netflix had expected, meaning that shares for the company fell.
Recently, Netflix increased their prices in several countries, in order to to offer better quality content for its viewers.
However, it also decided not to renew a contract with the distributor Epix, which means that thousands of films will now be removed from the site.
While shows such as Narcos, House of Cards and Orange is the New Black remain popular, the decision to remove films from the service has not been a popular decision with everyone…
https://twitter.com/peytonerodgers/status/653425641405194240
… especially when they decide to remove horror films just before Halloween…
https://twitter.com/dstapf/status/649759869839343616
