[ad_1] Netflix Inc. stunned Wall Street by attracting fewer subscribers than expected last quarter, renewing concerns that the video-streaming service has become an investment bubble. The shares plunged as much as 15 percent after Netflix said it added 5.2 million users in the period, about a million fewer than it predicted. The stock pared losses…
[ad_1] Reed Hastings is no fashion icon, but the Netflix Inc. chief executive’s garb on a recent video presentation to investors is likely to start a hot new trend. Grinning sheepishly, Hastings donned a Christmas sweater inspired by the hit show “Stranger Things.” For US$34.99 at Target, fans of the drama about middle schoolers confronting supernatural…
[ad_1] Netflix Inc. signed up a record 7.05 million new customers in the fourth quarter, topping analysts’ estimates for domestic and international growth to cap the company’s first year as a global online TV service. The company added 5.12 million new customers in international markets, according to a statement Wednesday, beating analysts’ estimates of 3.78…