Netflix Germany

Netflix Takes the Streaming Battle to Germany

  • Why it matters

    Why it matters

    Netflix’s rapid US growth has plateaued, so the company is looking to countries like Germany to continue its expansion.

  • Facts

    Facts

    • Netflix recently surpassed 100 million global subscribers.
    • In 2015, Netflix’s co-founder set a target of 12 million customers in Germany within seven years.
    • According to figures, Netflix’s current share of the German market is behind that of Amazon.
  • Audio

    Audio

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Netflix Garners Two Top Show Nominations With ‘Cards,’ ‘Orange’
Netflix sees its original programming as a way of building a loyal viewer base. Source: Bloomberg

On a recent Friday, Reed Hastings, the billionaire co-founder of Netflix, walked into a Denny’s restaurant in San Jose, California and ordered a steak. The meal was meant to be a celebration. Netflix had just surpassed 100 million subscribers, and Mr. Hastings was marking the occasion the same way he had done years earlier, when the company had reached far more humble milestone: one million subscribers.

Hastings published a Facebook photo of himself at the Denny’s, fork in hand, along with the hashtag “#superstitious,” a sign that Mr. Hastings hopes to return to the restaurant in the near future to celebrate more milestones of subscriber growth. But if he is to do so, much of that growth will have to come from yet-to-be-fully-tapped markets around the world, including in Germany.

While Netflix refuses to make public detailed statistics about its subscribers, analysts say that the company’s explosive growth in the US market has plateaued. That makes markets like Germany particularly important as Netflix looks abroad to continue its rapid expansion. Already in 2015, Mr. Hastings set a target of 12 million customers in Germany within seven years.

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