Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday January 19, 2016

Netflix Adds More Subscribers Than Expected; Shares Rise

While NBC and the other big broadcast networks are all busy playing the ratings game, Netflix just keeps doing its thing and adding subscribers by the millions in the process.

Video-streaming service Netflix Inc's quarterly subscriber additions topped its expectations, boosted by strong international growth, sending its shares up 8 percent in extended trading. Netflix, known for its original shows such as "House of Cards" and "Orange is the New Black", said it added 5.59 million subscribers in the three months ended Dec. 31, higher than its forecast of 5.15 million.