Netflix Adds 1.3 Million New US Subscribers In Q3

Netflix published it’s third quarter numbers yesterday, and beat expectations with a revenue of $1.11 billion. It also added 1.3 million new domestic subscribers, which brings its total subscriber-base to 31.1 million, up and over rival HBO. It’s stock, as well, is up to record highs, increasing in value to $352 per share. And it’s up even more in trading from after hours yesterday and today. It’s not just successful in the US, however. The streaming company has increased expansion in Latin America, the UK, and the Netherlands. In addition, Netflix is pumping more money into original content after signing a deal with Marvel, and committing to more seasons of its award-winning shows, Orange is the New Black and House of Cards.