Streaming service to report lowest new subscriber numbers since 2011, with young viewers largely signed up
Netflix is set to report the smallest growth in subscribers in a decade next week, as the flow of young fans who have fuelled its meteoric rise slows down, leading it to target tech-wary over-55s.
The streaming giant expects to have added just 1 million new subscribers when it reports second quarter results on Tuesday, the lowest number of new signups since 2011, when it was splitting its postal DVD and streaming operations.