Trending News|October 31, 2013 01:15 EDT
Netflix "House of Cards" Wins Emmy 2013, Watch the Story of Founder Reed Hastings Strong Comeback (VIDEO)
'House of Cards' Wins Emmy 2013 for Netflix, Watch the Story of Founder Reed Hastings Strong Comeback (VIDEO)
'House of Cards' just won an Emmy for Netflix, marking the first time a Primetime Emmy Award has gone to a web series. The series stars Oscar Winner Kevin Spacey and along with other Netflix series 'Orange is the New Black' has brought Netflix back on top. Both series are currently in production for Season 2 and will release in 2014.
Watch the story below of Neflix Founder Reed Hastings and his rise to the top before losing more than 800,000 subscribers after increasing the subscription fee by 60% in 2011.
He apologized and reverted the fees after losing subscribers. After 2 years of harsh Struggle, Netflix bounced back to win more than 37 million subscribers globally, including over 28.6 million paying customers in the U.S.