Global video streaming leader Netflix has released the data of it’s subscribers in different regions around the world. In the latest filing to the the Securities and Exchange Commission (SEC), the company has released the data of its streaming revenue and membership info for the US and Canada, Europe, Middle East and Africa, Asia-Pacific, and Latin America.
With the entry of other big names in video streaming services the competition is rising for Netflix and the current released data reveals that the markets outside the US have become important for the company. As Deadline mentions the new data reveals that Netflix’s 158 million global subscribers and 90 percent of its growth now come from outside the US.
In comparison with 2017, the numbers of subscribers in the European Region has increased to 140 percent in 2019, in the Asia-Pacific region the numbers has more than tripled in the same time. Also, the number of subscribers in the Latin-America region has reached 29.4 million subscribers, up from just 15.4 million in the first quarter of 2017.
The US and Canada still remains at the top with 67.1 million subscribers generating $7.4 billion in the first three quarters of 2019 but the membership numbers have grew just 23% from first quarter of 2017 to the third quarter of 2019.
With the new services like Disney+, HBO Max, and Apple TV+ made entry to the US and Canada the numbers for Netflix have dropped, which has pushed Netflix to target overseas more and creating originals in the regions with regional languages.