Netflix is absolutely killing it on original/exclusive content. They're all over the map in terms of genres and almost everything they're pumping out is good.
The revenue in 2016 was $8.83 billion to earn a profit of $186.7 million. They're spending a lot of money on talent, content and infrastructure.
The last quarter of 2016 they added 7 million new users and expecting another 5+ the first quarter this year.
Remember in 2011 when everyone thought they were going to die because they separated their physical media subscriptions from the streaming? Should have bought stock when they announced it (~ $15-16). Or a few months after when it dropped to $9. They're at $155 now.
Blockbuster had the chance to buy Netflix for $50 million in 2000. They might be the stupidest company to exist.
Last edited by KTrain; 05-18-2017 at 12:58 PM.
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