But over the years, Netflix has become less of an innovative game-changer and instead one of the pioneers in returning to the ...

Not surprisingly, the initial market reaction to the news was very positive. As of 4:30pm EST, about 30 minutes after the results were released, Netflix stock was higher by 13%.

Netflix started its move into original programming with dark and broody dramas such as Lilyhammer, House of Cards and Narcos. Over the years, it has expanded into multi-camera sitcoms, reality ...