Sweden's NENT reports rise in streaming subscribers, income


FILE PHOTO: Nordic Entertainment Group (NENT) sign is seen at their headquarters in Stockholm, Sweden October 1, 2018. REUTERS/Olof Swahnberg

STOCKHOLM (Reuters) - NENT, the Swedish company challenging streaming giants like Netflix in the Nordics, reported a rise in subscribers and quarterly operating income as it expands beyond Scandinavia.

Its Viaplay streaming service added 140,000 subscribers in the quarter, including 27,000 in countries outside the Nordics where it started offering its services in March.

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