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Business Matters: Netflix adds record number of subscribers

Netflix adds record number of subscribers

17/04/2019 GMT

BBC World Service - Business Matters, Netflix adds record number of subscribers

Nearly 10 million people signed up to the TV streaming service in Q1.

Nearly 10 million people signed up to the TV streaming service in Q1

Netflix reported a healthy balance sheet for the first three months of 2019, including 9.6 million new subscribers - the most it’s ever recorded for a single quarter. But the company has warned price rises in the US, Brazil and Europe will limit subscriber growth between April and June. Joan Solsman of technology website CNET tells us how the TV streaming market has become so competitive. As the full extent of the damage caused by the fire at Notre-Dame in Paris emerges, President Macron pledges to restore the cathedral in five years – the same timeframe it took to rebuild Windsor Castle after it caught fire in 1992. We hear from architect Peter Riddington who was part of the restoration team. And how has a tax clampdown in Vancouver made luxury mansions affordable for students? We hear from one resident. 
Sasha Twining is joined throughout the programme by David Kuo from The Motley Fool in Singapore and Rhonda Vonshay Sharpe, president of the Women’s Institute for Science, Equity and Race from Virginia in the US. 
(Picture: An envelope showing the Netflix logo; Credit: Justin Sullivan/Getty Images)

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