The share price shot up by over 23 percent to around 214.50 dollars in new york on tuesday. The service is not yet available in germany.
Netflix had experienced problems with a failed corporate reorganization and TV content licensing in previous quarters. Group CEO reed hastings wanted to spin off the DVD mail order business from online streaming – but customers ran up a storm over an additional fee. All that has now faded into the background. Globally, netflix gained three million online subscribers and now has a total of over 36 million users, including 29.2 million in the U.S.