Netflix touts HDR video amid bullish Q4 earnings call

Already a leader in the push towards 4K/Ultra HD video, Netflix (NASDAQ: NFLX) confirmed Tuesday during its fourth-quarter earnings call that it will soon release high dynamic range video.

"Soon, we will be offering high dynamic range video (HDR), which captures and renders pictures with more realistic peak brightness in the highlights, and may be a more significant step forward in viewing pleasure than UHD-4K," reads a letter from Netflix to shareholders. "We will start building our library to deliver in HDR as new TVs become available from several manufacturers this year."

The announcement helped highlight a Q4 earnings call, during which Netflix also pledged to up its original content and international expansion. The company said it will complete its global expansion within the next three years. 

For the quarter, Netflix added a record 13 million new subscribers worldwide, upping its global total to 57.4 million.

The company also met analysts' forecast with revenue of $1.3 billion and net income of $83 million.

For more:
- read this Netflix letter to shareholders

Related links:
Netflix tops 57.4 million members in record-setting 2014
Daily Netflix viewing climbs to 36% of subs in 2014, report says
Netflix spars with Tier 1 ISPs over fast lanes
HBO ahead on profits for now, but Netflix is better positioned, analyst says

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