The Old Club Of The House Of Cards To Enter The Chinese Market?

Just a few days after Netflix surprised the world with the announcement of its international expansion, the video streaming company had more good news to share. Netflix reported very positive results for the fourth quarter of 2015, beating analysts’ expectation in nearly every respect. 

Revenue increased by 23 percent compared to last year’s December quarter, bringing the total for 2015 to $6.78 billion. At $306 million, net income for the year came in short of last year’s total. Analysts had expected the decline to be even bigger, given the company’s ongoing investments in original content and international growth.