This week Netflix revealed their financial results for the fourth quarter of 2016.

During this time, they revealed that the company had raised a total of $2.35 billion for Q4 2016, which is up from the $1.67 billion that they announced for the same quarter of 2015.

Netflix also revealed that they had a huge subscriber base increase.

They revealed that they had added 1.93 million new subscribers in the US in Q4 and a total of 5.12 million new subscribers across the globe, which is very impressive.

It shows that they strategy is paying off, releasing more original content than what they have ever released before, with extremly popular titles like Stranger Things, The QA, The Crown and much more.

Netflix has also been added more features to their service recently such as offline viewing.

It will be interesting to see how this continues into 2017 as the company expands their original content line-up even further with releases like A Series of Unfortunate Events.

Via: TechCrunch

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