Tuesday, October 17, 2017

Netflix is in High Gear and Going Faster

… but it does come with a price tag.  They are burning a ton of cash on original new programming.  The winner in this?  You, the subscriber.  Just keep paying Netflix your monthly bill.

Here is a snippet from the story:

From Germany to Brazil, Netflix stormed ahead in its drive to create a global TV network, scoring the video-streaming provider's best third quarter on record and sending the shares to a new high.

Shows such as thriller "Ozark," starring Jason Bateman, "American Vandal," a spoof of true crime shows, and a Jerry Seinfeld stand-up special helped lure 4.45 million new customers abroad and 850,000 in the U.S., both ahead of estimates. 

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