You are here

Netflix shares up on talk of profit stream after rollout

BT_20150122_CPFLIX22_1471064.jpg
Netflix said it will profitably reach all 200 of the countries that have broadband Internet service within two years, and will "generate material global profits from 2017 onwards".

NETFLIX Inc's US$9.5 billion drive to dominate video streaming worldwide is paying off.

Investors sent the shares up as much as 16 per cent after the Los Gatos, California-based company said it will profitably reach all 200 of the countries that have broadband Internet service within two

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom