Netflix added just 70,000 users from the U.S. and Canada in the quarter, and less than one million in the last 12 months.
Netflix gained 4.4 million new subscribers in the third quarter, but only 70,000 of them came from the U.S. and Canada.
Netflix has added fewer than 1 million new subscribers from the U.S. and Canada in the past 12 months.Scene from "Squid Game" by NetflixIt may seem like every American you know has watched "Squid Game," but the show's popularity has not yet created a surge of new142 million Netflix subscribers have seen at least two minutes of the wildly popular South Korean drama, Netflix revealed in itsThat's exactly two-thirds of the company's 213 million global customers.
But while Netflix gained 4.4 million net subscribers in the third quarter, topping average analyst estimates of 3.5 million, the growth didn't come from the U.S. or Canada. Netflix added just 70,000 users from the region in the quarter. It's becoming clear that Netflix's growth has stalled in the U.S. and Canada. Netflix has added less than one million subscribers in the region in the past 12 months. That's part of the reason why Netflix is beginning toIt will be interesting to see if Netflix does anything surprising in the coming months to jumpstart growth in the U.S. and Canada, or if it's content with its growth plateau in the region as long as it's still charging ahead internationally.
The company's 74 million U.S. and Canada subscribers also serves a de facto ceiling for Netflix's streaming competition. Netflix still dominates
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