Netflix Jumps To New High On China Entry Reports

By | May 15, 2015

Scalper1 News

On Thursday, Pacific Crest Securities said that Netflix’s (NFLX) ambitions are becoming clearer and “more frightening” to traditional programmers. And if they weren’t frightened then, they may have more reason to be now. Netflix is reportedly in talks to enter the China market, where there’s a vast and still growing online audience. That could further fuel the video streaming service’s subscriber growth, which was bigger-than-expected in Q1. Scalper1 News

Scalper1 News