Blockbuster Video may be dead (RIP), but Netflix is most definitely alive. Its earnings report just went live, and the video streaming company added 5.3 million subscribers over the last three months–exceeding analyst expectations. That number included 850,000 subscribers in the U.S. and 4.45 million abroad. Membership growth, says the company, rose 49% year-over-year.

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    The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.
    04/18/2024 - 11:03 am | View Link
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