Massive subscriber growth for Netflix

Jamie McKane

MyBroadband Journalist
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Massive subscriber growth for Netflix

Netflix Inc. is growing faster than even its most bullish fans on Wall Street predicted, soothing doubts about its global prospects and sending its already-stratospheric stock higher.

After a stumble with its previous results, the world’s largest paid online TV network added far more subscribers than analysts expected in the third quarter.

[Bloomberg]
 
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