Interesting numbers emerge as Netflix shares its regional results for the first time in history, showing immense growth across Europe and Asia-Pacific.

Within the European region that covers the Middle East and Africa, subscription income increased 105% to $1.43 billion in Q3 2019, with the number of subscribers attaining at 47.4 million at the end of the third quarter.

In the Asia-Pacific region, over the past two years, the revenue grew 153%, reaching $382 million at the end of the third quarter of 2019—simultaneously paid subscriptions grew 148%, reaching 14.49 million paying customers.

In Latin America, streaming revenue rose 71% in the past two years, topping out at $741 million in revenue at the end of Q3—membership grew 61% during that timeframe to 29.4 million, while in the US and Canada, where the streaming giant dominates, it reached $2.62 billion in revenue, seeing a 57% increase during the past two years, with 67.1 million subs from the region at the end of September, an 18% increase over the past two years, despite revealing earlier this summer that it was losing paid subscribers for the first time since 2011, due to increase in subscription prices and competitors offering cheaper alternatives.

Posted by:Staff

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