Senin, 25 April 2011

Netflix Executives Agree: Streaming Is 'Rerun TV'

Netflix adopted a surprisingly humble tone in its letter to shareholders Monday, positioning itself as a friend to cable and satellite companies, even as the company's subscriber base continued to increase.

Netflix reported its highest profits in nine quarters - $ 60 million, representing 88 percent year-on-year growth - on revenue of $ 719 million,

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