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Netflix Now Boasts More Than 65 Million Subscribers
Netflix Inc's accelerating subscriber growth signals the video streaming service has much more room to expand, with some analysts seeing it tripling its subscribers to 200 million within a few years, driven by international expansion.
Netflix Stock Tumbles 27 Percent
"Year-on-year net additions in the U.S. were down ... As best we can tell, the primary cause is the slightly higher prices we now have compared to a year ago," the company said in a statement.
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Netflix is the toast of the town, and they rightly deserve to be congratulated not only for bringing joy to their nearly 30 million subscribers, but for impressing stalwarts from both the Street and the Valley.
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