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Netflix subscriptions boom around the world

Its original shows draw new international viewers; shares jump 20%

Published Tue, Oct 18, 2016 · 09:50 PM
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Los Angeles

NETFLIX Inc added over 50 per cent more subscribers than expected in the third quarter as original shows such as Stranger Things drew new international viewers and kept US customers despite a price hike, sending its shares soaring 20 per cent in late trade.

The company broke a two-quarter trend of disappoint…

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