Netflix Plans to Release More Original Content This Year Than Ever Before

Despite price increases, Netflix added more than seven million new subscribers worldwide, nearly two million more than a [...]

Despite price increases, Netflix added more than seven million new subscribers worldwide, nearly two million more than analysts expected.

Netflix credits world-class original content like Black Mirror and The Crown. Even 3%,  Brazilian series which requires English subtitles, was a hit in the US.

Netflix plans to release 1,000 hours of original content in 2017, up from 600 hours last year.

Revenue also beat expectations. Netflix earned $2.48 billion. Shares rose sharply on the news.

Netflix Subscribers On Pace to Outnumber Cable Customers by End of Year, Data Reveals

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