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
