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Netflix sees long-term international growth opportunities

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Josh Wein, FierceOnlineVideoNetflix (Nasdaq: NFLX) is riding a positive wave as its stock opened at $389.16 per share on Tuesday following its Q3 earnings report, but can it maintain that momentum? One area of potential growth lies in the international market. Reed Hastings, CEO of Netflix, said during the Q3 earnings call that while he's cautious about its international prospects, most Internet companies report about 80 percent of their revenue comes from outside of the United States. Josh Wein, editor of FierceOnlineVideo, examines its growth prospects. Read more