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Netflix Adds 125 Million Subscribers

Credit: Wochit
Published on April 17, 2018 - Duration: 00:40s

Netflix Adds 125 Million Subscribers

Netflix has now reached 125 million subscribers.

The company announced the milestone during its first quarterly earnings call of 2018.

It revealed that it added 7.4 million subscribers in the first quarter of the year.

The subscriber amount increased 50 percent from the same quarter last year The streaming service pledged to produce 700 original TV shows, movies, and specials this year.

β€œWe’ve outperformed the business in a way we didn’t predict.

The business has grown faster than we expected.

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