Netflix Inc. had an incredible percent of new subscriber in the September quarter, giving reassurance to their investors who were nervous and anxious about the streaming growth trajectory and shutting its shares to a roaring 20% in after-hours trading.
The grater-than-expected performance was mainly in international markets, where the company has completed a massive, near-global expansion this year. Netflix is making a big bet that the same mix of edgy original content and library programming that has taken the U.S. media and the world with all the translations for the overseas. In Europ, Africa and Asia.
Netflix has also had a lot of popularity because of their new shows like Narcos and Stranger things this year. Also with the help of new seasons of Orange is the new black and adding new TV shows like El Señor de los Cielos very popular in Latin countries.
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