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Briefing
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- Growth in U.S. And Global Subscribers – Added 2 million new U.S. subscribers and 5 million abroad in 2016 Q4, beating analyst estimates of 1.38 million and 3.78 million, respectively
- Original Content Investments – Continues to invest heavily in original content, both in U.S. and international markets, with plans to invest $6 billion in 2017, up from $5 billion in 2016
- Latin America Success – Netflix-original series in Brazil, 3%, gained early success in Latin America, with millions of U.S. subscribers also watching show subtitled in English
- Top Grossing App – Became top-grossing app on Apple App Store early in December for first time after company introduced offline viewing in 2016 Q4
- Financial Results – Stock jumped more than 9% with 2016 Q4 revenue at $2.48 billion, in line with analyst forecast of $2.47 billion
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