Netflix, Disney, Tesla: Everything that matters this morning
Netflix global subscribers hits 104 million
Entertainment streaming company Netflix saw its shares surge yesterday after announcing it has reached 104 million subscribers across the globe.
The company says the main reason behind the revenue boost was its “great content”, pointing to its political drama House of Cards and 13 Reasons Why, which is about teen suicide.
Netflix shares rose more than 10% in after-hours trading following the announcement of its second-quarter earnings.
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