Business Today

NETFLIX ADDS 6.96 MN USERS IN Q3

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Netflix is growing faster than what Wall Street predicted, pushing its stratosphe­ric stock even higher. The world’s largest paid online TV network added 6.96 million users in the third quarter, taking its global total to 137.1 million. The 21-year-old company says it is planning to add a total of 28.9 million customers this year. Its prolonged success as one of the best-performing stocks will also give it leeway to spend billions of dollars more on original programmin­g.

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