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Business Matters: Netflix Subscribers Rise to Nearly 140m

Netflix Subscribers Rise to Nearly 140m

18/01/2019 GMT

BBC World Service - Business Matters, Netflix Subscribers Rise to Nearly 140m

The streaming firm gained 8.8 million customers in the three months to 21st December.

Netflix finished the year with more than 139 million paid subscribers, almost tripling its membership base in just five years .But the latest results haven't played well on Wall Street as we hear from Jonathan Swartz, senior writer at Barrons financial investment in New York. Plus Oxford University has suspended new donations and sponsorships from Chinese telecoms giant Huawei. The firm is facing accusations from the US and other countries that its equipment could be used for espionage. We hear from Kieran Stacey, Washington correspondent for the Financial Times about new US actions planned against the firm.

All this and more discussed with our two guests throughout the show: Paddy Hirsch, contribution editor from NPR in Los Angeles. And Cathering Yeung, investment director at Fidelity International in Hong Kong.

(Picture: The logo of online streaming giant Netflix Picture credit: Alexander Pohl/NurPhoto via Getty Images)

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