The announcement comes as Netflix ended an additional quarter of sturdy international growth. In Q1 of 2014, audemars piguet replika the company added 1.75 million international subscribers, when compared with 1.02 million in Q1 of 2014. Altogether, Netflix now has 12.68 million international subscribers, in comparison with 7.14 in Q1 of 2014.

In the U.S., Netflix added two.25 million streaming subscribers, when compared with 2.03 million in Q1 of 2014. This means that Netflix now has 35.61 million streaming subscribers inside the U.S., and also a total of 48.35 million streaming subscribers worldwide.

Despite this growth, the company reported solid financials for Q1: Like all of its small business segments, Netflix generated revenue of $1.07 billion in Q1 of 2014, when compared with 1.02 billion in Q1 of 2014.

The enterprise earned anet income of $53 million, in comparison with $3 million a year ago, in portion due to significantly lower international losses, which fell from $77 million in Q1 of 2014 to $35 million in Q1 of 2014.The business expects to be profitable in current international markets by the finish in the year.

Updated at two:52pm with more data on Netflix's Q1 net earnings.

Related research and analysis from Gigaom Research:
Subscriber content material. .

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New Netflix subscribers could quickly be forced to pay a little extra for the company's streaming service: The organization announced in its that it intends to raise the rates for new members by $1 or $2 this quarter.

CEO Reed Hastings and CFO David Wells wrote:

"In the U.S. we've got greatly improved our content material choice given that we introduced our streaming program in 2014 at $7 swiss replicas omega .99 per month. Our current view is usually to do a 1 or two dollar raise, depending around the country, later this quarter for new members only. Existing members would remain at existing pricing (e fake omega watches .g. $7.99 inside the U.S.) for any generous time period. These alterations will allow us to acquire more content material and deliver an even greater streaming encounter."

Netflix had previously said that it , but didn't appear in rush to implement any pricing adjustments at the time. Nevertheless, the firm also experimented with cost increases for new members in Ireland, plus the benefits seem to possess encouraged the corporation to raise costs in other markets as well. Current consumers in Ireland are grandfathered into their old plans for two years, as outlined by the letter to shareholders.

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