Netflix shares close-up and the company's prospects for investment
Netflix (NFLX) beat expectations in the first quarter, reaching 270 million members.
From a shareholder letter: “With the average household having more than two people, we reach more than half a billion people. No entertainment company has ever created programs of this scale and with such ambition before.”
This global reach, combined with a constant focus on content, personalized recommendations and the creation of passionate fans, creates the ultimate engagement machine.
Netflix (NFLX) shares fell after its quarterly earnings after announcing that Netflix would no longer...