Netflix Tops $1 Billion in Q1 Streaming Revenue, Surpasses 48 Million Subscribers
Following a strong last quarter of 2013, Netflix on Monday reported that its first quarter of 2014 was even better, bringing in more than $1 billion in quarterly streaming revenue and finishing up the quarter with more 48 million global subscribers. Total revenues for the quarter were $1.27 billion. A full 4 million new members joined the service during Q1, compared with 3.05 million new members added in the same quarter a year ago. Included in…
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