Televisa's popular Spanish-language soap operas will obviously play well as Netflix expands into 43 countries through Latin America and the Caribbean later this year. The CBS deal will make many popular CBS and Showtime shows available as streams in Canada and in Netflix's new territories down south.
After a strong launch in Canada late last year, Netflix has seen sequential declines in net subscriber additions there. More quality content is the smartest way to turn that trend around.
Briefly in the news
And now let's take a quick look at some of the other stories that shaped our week.
posted better-than-expected quarterly results, highlighted by a 51% surge in net sales. Is everyone getting a Kindle? (Nasdaq: AMZN)
- Time to take the doughnuts public: Dunkin' Donuts parent Dunkin' Brands
launched at $19 on Wednesday and then popped at the open. (Nasdaq: DNKN)
hit new all-time highs this week as China's leading search engine blew past Wall Street's targets. Revenue climbed 78%, and net income surged 95% higher. Remember when stateside search engines used to crank out growth like that? (Nasdaq: BIDU)
Research In Motion
is slashing 2,000 jobs, or a little more than 10% of its total global workforce. Black-and-Blue-Berry, anyone? BlackBerry pink slips? Let's hope that those being let go will be able to find jobs with the smartphone companies that are actually growing. (Nasdaq: RIMM)
Until next week, I remain,
The Motley Fool owns shares of Research In Motion. Motley Fool newsletter services have recommended buying shares of DreamWorks Animation, Amazon.com, Netflix, and Baidu, as well as buying puts on Netflix. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.
Longtime Fool contributor Rick Munarriz recommends windshield wiper fluid when trying to look back. He owns shares of Netflix and is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Motley Fool has a disclosure policy.
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