Netflix continues earnings roll with 5.3M new subscribers, stock hits record

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Expect to pay more to watch the second season of “Stranger Things.” Netflix is raising its prices.
Buzz60

Netflix continues to grow faster than predictions, powered by hit series such as Orange is the New Black and House of Cards.

The online-delivered television provider, based in Los Gatos, Calif., added 5.3 million new subscribers from July to September — 850,000 million in the U.S. and 4.45 million internationally. That brings Netflix’s total subscriber base to 109.25 million.

Of those, 104 million are paying customers and the rest are viewers with trial subscriptions.

Netflix had forecast third-quarter additions

Read more at: https://www.usatoday.com/story/tech/news/2017/10/16/netflix-continues-earnings-roll-5-3-m-new-subscribers-stock-hits-record/768391001/