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Headline : Netflix profits soar after password crackdown

Read more from the original article on here at www.bbc.co.uk.




Tags : #netflix #profits #soar #password #crackdown


No. of Paragraph 28

Netflix says its profits have soared in the first three months of this year, partly thanks to a crackdown on password sharing.

The streaming giant said it added 9.3 million customers in the first quarter, bringing its total number of subscribers to almost 270 million.

The company also said its profits in the first quarter jumped to more than $2.3bn (£1.85bn).

But the firm will stop reporting key subscriber numbers from next year.

Read more from the original article on here at www.bbc.co.uk.


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