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Netflix Beats Forecast for Subscriber Growth in Quarter

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By Lucas Shaw

January 20, 2015 at 9:08 PM UTC

Updated on

January 21, 2015 at 12:34 AM UTC

This article is for subscribers only.

Netflix Inc.’s $9.5 billion drive to dominate video streaming worldwide is paying off.

Investors sent the shares up as much as 16 percent after the Los Gatos, California-based company said it will profitably reach all 200 of the countries that have broadband Internet service within two years.