The following video is part of our "Motley Fool Conversations" series, in which technology editor/analyst Andrew Tonner and consumer-goods editor/analyst Austin Smith discuss topics around the investing world.

As its stock price crashed this past summer, many investors left Netflix for dead. Between its botched price increase and the Qwikster debacle, the company has certainly made its share of recent mistakes. However, Netflix looks as if it's now righted the ship and is once again clicking on all cylinders with its most recent quarterly earnings announcement. Andrew discusses the announcement and the prospects of the wider streaming industry as a whole.

Andrew Tonner and Austin Smith have no positions in the stocks mentioned above. The Motley Fool owns shares of Amazon.com, Google, and Microsoft. Motley Fool newsletter services recommend Amazon.com, Walt Disney, Google, Microsoft and 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. The Motley Fool has a disclosure policy.