Netflix Overthrows Expectation on Subscribers in Q4, CEO Steps Down
Co-founder Reed Hastings is stepping down as the CEO.Production company Netflix (NASDAQ: NFLX) saw a massive addition to its subscribers in Q4, exceeding Wall Street’s expectations. According to the fourth quarter financial results, the company gained 7.66 million paid subscribers, over the predicted 4.57 million. The significant additional Netflix subscribers in
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