Netflix's Bird Box film contains footage of Lac-Megantic disaster


Revenue grew to US$4.19 billion, shy of the US$4.21 billion projection from analysts. Top that off with an additional 1.5 million domestic subscribers that joined the service, and the company gained a total of 8.8 million subscribers in the quarter.

Canadian-American science-fiction drama "Travelers" also used stock footage from 2013, but producers Peacock Alley Entertainment have apologized and announced they would soon edit it out. They cited strong content slates and solid subscriber-growth momentum.

Netflix's estimate comes from overall US television screen time of about 1 billion hours daily - 120 million homes, times two TV sets, times four hours a day, which include out-of-home screens, such as hotels and bars.

According to Piper Jaffray's Michael Olson and Yung Kim, roughly 60% of internet-connected USA households, but just 15% of the global market.

All that said, a recent survey suggests that Netflix could stand to lose a significant number of subscribers with even a mild price hike.

The streaming behemoth said fourth-quarter earnings increased 27.4 percent to $4.19 billion, which was slightly below Wall Street analyst forecasts.

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In the letter, Netflix took time to big up its successes - Bird Box, which it estimates will be watched by 80 million households within four weeks of its release, and a Spanish-language exclusive, Elite, that has attracted more than 20 million.

Netflix reported earnings of 30 cents per share for the quarter, lower than a year earlier due to higher spending, but above Wall Street analysts' average estimate of 24 cents, according to Refinitiv. The company's outlook for first-quarter earnings and revenue also came in weaker than analysts were anticipating.

Still, most of Netflix's growth is coming from overseas.

In December, Netflix said that more than 45 million accounts watched the apocalyptic film in its first seven days, marking a record-breaking debut.

While that's just a sample of what Netflix has on the release slate for this year, the streaming giant has much, much more in production - making it quite evident that they're serious about investing in original content for the future. Both of the companies are now in the process of developing their own streaming platforms and in the case of Disney, Netflix has started to distance themselves from the company by canceling Disney-owned properties like Daredevil, Iron Fist, and Luke Cage.

According to North Shore News, the footage was first spotted by high school ethics teacher Guillaume Bouchard while he was watching Season 3 of Netflix original sci-fi series Travelers.