Secret ingredient that made Netflix a world beater could lead to its demise [Video]

Cristian WorthingtonFeedToPost

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Netflix’s latest half-year results have disappointed the market, sending shares in the TV streaming giant down 13% overnight. When this is the reaction to adding 5m subscribers in three months, taking your total to 130m around the world, it certainly tells you something.In the...

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Netflix’s latest half-year results have disappointed the market, sending shares in the TV streaming giant down 13% overnight. When this is the reaction to adding 5m subscribers in three months, taking your total to 130m around the world, it certainly tells you something.

In the last 12 months the stock had skyrocketed from US$158 to US$396, light years ahead of the S&P 500 average. This was partly driven by …