New overseas customers are offsetting slower growth in America, the broadcaster’s biggest market. It added 1.56 million US subscribers in the fourth quarter, below the 1.65 million it forecast, and less than 1.9 million a year earlier.
The company, which makes its own drama as well as streaming Hollywood films, expects US subscribers to accelerate again this quarter when the hit show “House of Cards” returns.
Despite the rise in total subscribers, Netflix’s profit fell sharply, hit by rising costs for content and overseas expansion.
Revenue rose 22.8% to $1.82 billion in the final quarter of the year.
