Netflix has had better days.
On the same day that HBO announced plans to more directly rival Netflix, the streaming video service reported that it had failed to attract as many new subscribers as it had anticipated three months ago.
Three months ago Netflix projected that it would end the third quarter with 50.9 million people paying to subscribe to its streaming service around the world. But when the company reported its third-quarter earnings on Wednesday, it fell short at 50.7 million people. In the U.S. — Netflix’s largest subscriber base — Netflix had projected 36.5 million paid subscribers by the end of the third quarter, but fell short with 36.3 million.
Source:: AdAge – Digital