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Old 18-10-2016, 05:53   #1
RichardCoulter
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Netflix shares soar as subscriber numbers rocket.

Last quarter, Netflix were expected to add another 2 million new subscribers amid fears that subscriber numbers would be difficult to maintain.

The figure was actually 3.2 million!

It's believed that their original content is behind this; by 2017 they hope to be showing a 1000 hours of original content a year

The share price exploaded by 20% as a result.

OTT providers seem to be really gathering momentum now.

http://uk.businessinsider.com/netfli...6-10?r=US&IR=T
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