Netflix Sugest to All-time High

Netflix has more than 37 million streaming members, but the company's future wasn't always so certain.

Netflix has more than 37 million streaming members, but the company's future wasn't always so certain.

 

In 2011, Netflix announced it would split its online streaming and DVD by mail services into two separate websites.
 
The plan was scrapped as Netflix lost 800,000 subscribers in one quarter and its stock price tumbled to a seven-year low.
 
Since then, Netflix has built itself back it.
 
It's stock price has more than tripled this year to reach an all-time high.
 
The company now has a market value of $18.1 billion.

 

 

 

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