RIO DE JANEIRO, BRAZIL - Streaming services have taken over the content consumption market, and Netflix is one of the main players responsible for this.
The company confirmed to Brazilian news outlet Tecnoblog that it surpassed the mark of ten million subscribers in Brazil, having a larger customer base than any pay-TV operator in this country. On a worldwide basis, Netflix has more than 150 million subscribers.
Based on audience data, the service had 12 million subscriptions and annual revenue of R$4.5 (US$1.12) billions, almost half the revenue of TV Globo.
Considering the base of 10 . . .