Netflix has been rewarded for putting its eggs in the original content basket. After hours trading on Wednesday saw the company’s stock rise by as much as 9% on the news it had added
7.05 million new subscribers in the last three months of 2016. The company notes that the BBC became the first “major linear network” to push into a “binge-first”
strategy, and it expects HBO to follow suit.
- BBC, Thursday, January 19, 2017 6:29 AM
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