The skyrocketing expectations, and accompanying stock price, are in large part due to Netflix’s rapid expansion abroad—in particular, reports since Friday that Netflix is in talks to expand into a huge new market: China. But as all conquerors know far too well, the path to world domination doesn’t come without resistance. Despite its aggressive growth, the company has already experienced pressure from its European markets to improve its service—and fast.
Source: Netflix Stock Hits Record as Wall St. Sees World Domination | WIRED