Hear from CIOs, CTOs, and other C-level and senior execs on data and AI strategies at the Future of Work Summit this January 12, 2022. Learn more

I can almost hear Reed Hastings popping bottles of champaign from here.

Today Netflix expanded to 130 new countries, up from 60 total countries yesterday. That makes Netflix a nearly global service, with one big exception: China.

CEO Hastings announced the news on stage at CES, the insane annual consumer electronics conference in Las Vegas. Almost instantly, Netflix’s stock popped by six percent. It closed out the day at $10.02, up by 9.31 percent from yesterday.

For now, investors seem happy with Netflix, despite recent concerns over the company’s expansive content budget and increasingly competent competitors.


VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member