10 Surprising Facts Highlight Netflix, Inc.'s Wild 2016

With Netflix (NASDAQ: NFLX) sharing its final quarterly update for 2016 last week, it's a good time to go back and look at what the streaming-video giant accomplished during the year. After all, it was a wild 12 months for the stock. Shares pulled back as much as 25% in the middle of the year as investors questioned whether the company's growth prospects were eroding, and then investor optimism returned just as quickly in the second half of the year, when membership growth picked up again. After the stock's rebound, Netflix finished the year with almost a 13% gain, ahead of the S&P 500's 11% rise during the same period.

Here's an overview of the most surprising facts from Netflix's extremely volatile year.

Netflix original content.

Image source: Netflix.

Netflix launched over 600 hours of original programming. During 2016, Netflix found that its original content performed both domestically and internationally. This reinforced the company's commitment to originals, leading them to launch 600 hours of original programming, up from 450 hours in 2015. In 2017, Netflix plans to launch 1,000 hours of original content.

A rapidly evolving landscape in internet television is bound to make 2017 another interesting year for Netflix. But a few strong trends at the company will almost undoubtedly persist: rapidly growing streaming members as Netflix benefits from the secular transition away from linear TV to internet TV, rapid international growth as the company localizes its offerings in international markets, and tons of new original content aimed at retaining existing members and attracting millions more. Considering how significantly these trends have helped the company in the past, they'll likely continue to help Netflix strengthen its competitive position and grow its business in 2017.

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Daniel Sparks has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Netflix. The Motley Fool has a disclosure policy .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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