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Netflix Q1: 3 million new streaming subscribers, big viewing numbers

by rawmeatcowboy
23 April 2012
GN Version 4.0
Netflix added nearly 3 million streaming members in Q1, bringing our total to over 26 million global streaming members, and strengthening our position as the world’s leading Internet TV network. We anticipate returning to global profitability in Q2, and plan to launch our next international market in Q4.

We are constantly improving our service with better personalization, better user-interfaces, better streaming, and more content. As a result, per-member viewing hours set new records in Q1 and are on track to do so again in Q2, on a year-over-year basis. We launched our service in the UK and Ireland in January and are very pleased that, after the first 90 days, we had substantially more members than we had after the first 90 days of Canada or Latin America

Full report here

Link