Ron Burgundy Posted July 18, 2016 Share Posted July 18, 2016 (Reuters) - Video streaming service provider Netflix Inc forecast a slower-than-expected growth in U.S. and international subscriber additions this quarter, sending its shares sliding 16 percent. "Our global membership forecast for Q3 includes an impact from the spectacle of the Olympics," Chief Executive Reed Hastings said in a letter to shareholders. Netflix, whose popular original shows include "Orange is the New Black" and "House of Cards", said it expects to add 300,000 subscribers in the United States in the current quarter. View the full article Quote Link to comment Share on other sites More sharing options...
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