Netflix on the Rise

New York Times Link

Although Netflix has had some recent success, the company’s big names seem slightly pessimistic. They are concerned with a dip, similar to the one the company suffered in 2003. They are interested in maintaining their current users, while gathering more customers. Netflix is now spending almost all of its profit on acquiring new content, hoping on gaining more customers in the long run. They are also launching more and more original series productions, which brings in more profit than streaming other series.