Netflix has been doing really well with the amount of subscribers that they are obtaining. More subscribers equals more money for the company. I am a subscriber to Netflix too so I was not surprised when there were about 40 million worldwide subscribers to Netflix. The subscription is cheap ($7.99) and once you subscribed you get to watch almost anything you want. The reason it has been successful is mainly because of the new T.V. series like Orange is the New Black. However, they are conflicted with whether they can keep adding subscribers by the millions to keep shareholders happy. To answer that question, the shareholders were indeed happy with Netflix’s third-quater results, the company’s stocks nearly tripled this year. This was a big deal to them because they never thought they would be able to make so much so quickly. On the other hand, they still have competition with others, such as HBO. It is harder because HBO had a head start, but Netflix is getting there.
