Posted: October 14, 2015 Filed under: Crime & Corruption, Entertainment, Humor, Politics | Tags: Email server, FBI, Federal Investigation, Federal Prison, Orange Is the New Black, Television, The Pantsuit Report
Posted: October 21, 2013 Filed under: Economics, Entertainment | Tags: Arrested Development, Emmy Award, House of Cards, Netflix, Orange Is the New Black, Reed Hastings, Streaming media, Subscription business model
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Andrew Wallenstein reports: Netflix added 1.29 million subscribers in the three months ending in September, according to the third-quarter earnings report issued Monday.
Netflix stock soared in after-hours trading approximately 10% on news of the growth. In a move that could also be significant for Netflix’s stock, the streaming service also announced that it would accelerate its schedule of spending on original programming.
That brings Netflix’s domestic streaming audience to 31.9 million. Together with the addition of 1.44 million international subs, that brings Netflix’s global sub base to over 40 million. Read the rest of this entry »