Netflix is growing even faster, and streaming to record profit totals

“Netflix reported $290.1 million in net income for the first quarter, more profit in three months than the streaming giant had for the entire year of 2016” writes Therese Poletti for Don’t miss: The DVDs that kept the post office busiest in each of Netflix’s first 20 years Netflix profit is also growing at an astounding rate: The first quarter had its biggest profit total yet, topping the previous period’s record, and Netflix forecast another record-breaking profit total in the current quarter. With the international expansion continuing to fuel subscriber growth and fresh content keeping all those subscribers on the platform, Netflix looks like a star that will continue to shine.

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