Netflix Now Has Another Way to Keep Theatergoers at Home

Netflix Now Has Another Way to Keep Theatergoers at Home

Since it rolled out its streaming service a decade ago, Netflix, Inc. (NASDAQ: NFLX) has become the global leader in that area, with more than 100 million subscribers worldwide. The company continues to add to its self-produced, award-winning content and is expected to spend $6 billion on shows this year.

Not content to sit on its laurels, Netflix isn't relying solely on the depth and breadth of its library of movies and TV shows to maintain its leadership in the space.

The company has continued to evolve, developing or adopting new technology to improve the quality of the experience for its customers. For example, Netflix was among the first to embrace 4K streaming and HDR for subscribers and recently announced that it will add Dolby Laboratories, Inc.'s (NYSE: DLB) Atmos to its resume.

Continue reading

Source: Fool.com