Netflix makes new highs again following positive Canadian survey

|By:, SA News Editor

The Globe and Mail reports a survey March-April survey from research firm MTM indicated 25% of English-speaking Canadians had signed up for Netflix (NFLX +2.9%), up from 13% a year earlier.

Moreover, 84% of polled Netflix users said they streamed at least one movie/TV show from the service every week. 37% of polled households with kids under 12 had a subscription, as did 1/3 of those with teens.

Netflix had 610K international net subscriber adds in Q2, leading its international base to grow to 7.75M subs. 550K-1.25M international net adds are expected in Q3.

Shares are making new highs once again.