Tuesday, 22 April 2014

Netflix has 48 million subscribers

"Another quarter, more stellar results for Netflix, which ended the first quarter (ended March 31) adding 2.25 million domestic subscribers to a global base of more than 48 million subs (35.7 million in the United States).
Netflix added 1.75 million subs internationally to a base of 11.76 paid members. In a letter to investors, CEO Reed Hastings and CFO David Wells said Netflix's current global operations (Canada, Mexico, Latin America, the United Kingdom and Scandinavia) would become profitable in fiscal 2014."

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