Netflix's spending on content is bringing in more subscribers

Netflix has had an astonishing year. Its shares surpassed $400, up 110% since January, and it was nominated for 112 Emmy Awards, more than any other television network, including HBO, which had held that distinction for 17 years.
 

Netflix’s success is the main reason for the costly takeover battle between Comcast and Disney for 21st Century Fox assets. The only sign investors are getting nervous that the good times can’t last is a 4% selloff in the company’s shares on Friday, ahead of next week’s earnings.