Netflix adds subscribers at record pace


ASSOCIATED PRESS: Investors excited about number of viewers of original programming on Internet television-streaming service.

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ASSOCIATED PRESS: Investors excited about number of viewers of original programming on Internet television-streaming service.

The company’s first-quarter report released Wednesday disclosed Netflix gained another 4.9 million subscribers from January through March, more than any other three-month period since its video streaming service’s debut eight years ago. About 2.3 million of the customer additions came within the U.S., where Netflix’s subscriber count surpassed 40 million for the first time.

The results were far better than management had anticipated. Netflix had been hoping to add about 4 million subscribers in the quarter, which typically is a busy period because inclement winter weather keeps people indoors more frequently.

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