In the spotlight for Cyndx this week is the frontrunner in new-age media services: Netflix.
Here are some recent key developments about this media mogul
- Added 8.8M subscribers to the platform in Q4, more than analyst predictions of 7.6 million
- Accounts for 10% of U.S. TV screen time
- Major contribution to the increase in subscribers and viewership was due to the release of Netflix original movie “Bird box”
- Considers Fortnight, an online video game, a stronger competitor than HBO
- Believes Internet, mobile and gaming have been shifting customers away from TV
Source: TechCrunch
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