Netflix adds 3.2m new users in just three months thanks to original shows such as Stranger Things, helping its share price to soar by 20%



Netflix added far more customers than forecast in the last three months thanks to the success of new shows such as Luke Cage and Stranger Things, it has revealed.
In the period between July and September, it added 3.2million subscribers worldwide, considerably higher than the 2.01million average analyst estimate as its original content continues to prove popular, it said on Monday.
The boom in customers came despite a recent monthly subscription price hike in the US and the UK.
It means the streaming service now has 83.3million subscribers across the globe.
The figures represent a... read more

 
18 October 2016 in Business, Views: 43
Source: Daily Mail
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