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Nobody wins in a government shutdown… except Netflix

Published Oct 3rd, 2013 8:30PM EDT
BGR

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With around 800,000 federal employees on furlough due to the government shutdown, they’ll have a lot more time to catch up on missed episodes of Mad Men and Breaking Bad. The Washington Post’s Wonkblog notes that Netflix’s stock price saw a big jump right after the government shutdown started on Tuesday morning, although it cautions that this could be due to a variety of factors such as the company’s recent distribution deal with a Swedish cable company. At the very least, though, it’s a striking coincidence and it will be interesting to see whether Netflix’s overall traffic numbers have similarly surged since the start of the shutdown.

Brad Reed
Brad Reed Staff Writer

Brad Reed has written about technology for over eight years at BGR.com and Network World. Prior to that, he wrote freelance stories for political publications such as AlterNet and the American Prospect. He has a Master's Degree in Business and Economics Journalism from Boston University.