Netflix crosses $100 billion market capitalisation as subscribers surge

in #crypto7 years ago

The company has signed up more than half of all US broadband households and is building its customer base in 190 countries by spending billions on programming-Reuters

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Investors appear confident in Netflix’s ability to grow. Netflix recently traded at 91 times expected earnings for the next 12 months, versus Amazon at 152 times earnings and Disney at 17 times earnings, according to Thomson Reuters data.

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