Netflix has continued strong growth in both streaming subscribers and revenue, according to the latest company reports. Paid subscriptions increased 25.2% year-on-year in Q1 2019, taking total levels just shy of 150 million. Global streaming revenue also saw double-digit growth, up 23.3% to $4.4bn.
Total streaming revenue equalled $15.4bn in 2018, up 37.2% from the year before. When compared to data from Digital TV Research, Netflix accounted for 44.0% of the total SVOD market last year.
However, whether this dominance continues is uncertain, particularly with recent announcements of competing platforms from Disney and Apple....