Customer Stream Flows Back Toward Netflix

After ditching Netflix en masse in the third quarter, customers began crawling back to the service at the end of the year.

Engadget relays Netflix’s fourth quarter earnings report, which revealed the company added 220,000 streaming subscribers, upping its total to 21.67 million. Its total number of subscribers was 24.4 million, up from 23.79 million at the end of the third quarter but still below the 24.59 million it had six months ago. Customers continue to drift more toward the streaming option than the DVD rental plan.

Also, Netflix has shelved its plans to offer video games, opting to stick with the movie-renting thing it knows how to do fairly well.

Netflix Q4 results: 220k new streaming-only customers, beats earnings estimates (Update: no game rentals coming) [Engadget]