Netflix beat its forecast for overall subscriber additions for the fourth quarter of 2019, while it brought in fewer than expected U.S. streaming customers. “Our low membership growth in [the U.S. and Canada] is probably due to our recent price changes and to U.S. competitive launches,” the company said in its quarterly shareholder letter.
Source: Netflix Adds 8.8 Million Subscribers in Q4, Cites Competition for Lower U.S. Gains