Fire. The wheel. Electricity. Sliced bread. The polio vaccine. These pantheon inventions and discoveries forever altered the human experience. It's time to have a conversation about Netflix.
That's obviously a bit hyperbolic, but the trend is clear: people love them some Netflix. The streaming content provider now boasts of 36 million global subscribers. That's more than HBO. House of Cards, the Kevin Spacey political drama from executive producer David Fincher, dropped earlier this year to much critical acclaim and—though the details are still quite vague—provided a "nice impact but a gentle, impact." The new thriller series from Eli Roth, Hemlock Grove, is hardly watchable (I made it into Episode 4 before continuing with the series felt masochistic), but it debuted to a larger audience than HoC. The triumphant return of Arrested Development is barely a month away. Oh, and Netflix stock is doing OK, I guess.
If its after-hours surge holds up when the markets open again tomorrow, Netflix will be the top performing stock in the S&P 500 this year, up 134%. It’s already the best S&P stock since the market’s previous peak in 2007. [Quartz]
Now, Netflix has announced the availability of a "family plan." Typically, the $7.99/month streaming service is available to subscribers on two devices simultaneously. For password sharers, historically, this meant that the third person to the Netflix party was S.O.L. Now, for $11.99/month, users can stream on an additional two devices simultaneously.