Video service Netflix has in the past quarter, a lot more customers than analysts had expected. The company received a worldwide, 3.6 million customers. Netflix now has nearly 87 million subscribers.
the company self-produced series such as Narcos and Stranger Things are the main reason why customers are flocking, says Netflix. The company therefore wants more to produce. Next year brings the company’s 1,000 hours to own the series and movies. This year there is 600 hours of material released.
Investors are excited about the figures. After trading hours, the share Netflix with 20 percent.
Netflix ceo Reed Hastings warns that the battle to save the time of consumers is increasingly fierce. “There are so many competitors. Snapchat, YouTube, Facebook… They all take many hours to complete.”
Still think Netflix is still able to grow. The company expects in the current quarter there are more than 5 million customers.
The company is now in almost all countries in the world. Only in China, North Korea, Syria and the Crimea is Netflix not to see. The company also wanted the Chinese market, but that is by local regulators stopped. Netflix is now going to his movies and series to Chinese companies sell and start no service in the country.
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