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Netflix gained 630,000 more subscribers thanks to Arrested Development

The fourth season of Arrested Development helped Netflix gain 630,000 more subscribers

| HT & Movies News | Posted: Jul 23, 2013 8:23 am

The fourth season of Arrested Development was a huge success for Netflix, where they added 630,000 more subscribers in the US during Q2 2013. Investors were hoping for an additional 900,000 or so new customers, but you can't really complain at over half a million more, can you?

 

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The figures come from Netflix's latest announcement, where we also found out they earned 49 cents per share during the quarter, higher than the Wall Street estimates of around 40 cents. They generated $1.07 billion of revenue, which fell within Wall Street's expectations. We can expect Netflix to go forth with more original programming, such as House of Cards and Orange is the New Black.

 

Oh, and we can't forget the talks of a fifth season of Arrested Development, either.

NEWS SOURCES:Allthingsd.com

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