Netflix Debuts Another Blockbuster Movie -- And It Could Be Much Bigger
Streaming giant Netflix (NASDAQ: NFLX) scored a much-needed win last week with the release of its third-quarter earnings report. The company produced strong subscriber gains of 6.77 million, helping allay fears that customers were abandoning the tech giant. Slower growth in Q2 had many investors concerned that the company's multi-year growth sprint was coming to an end.
Another important, but less-reported, victory was the success of El Camino: A Breaking Bad Movie, a sequel to the hit television show. Ratings service and data analytics company Nielsen Holdings (NYSE: NLSN) said the show had a strong premiere and could end up being a big hit for Netflix.
Aaron Paul as Jessie Pinkman in a scene from Netflix's El Camino: A Breaking Bad Movie. Image source: Netflix.
Source Fool.com
