Netflix Subscriber Base And Revenue Spike in Q1

The storyline is playing out nicely for Netflix.The streaming company reported its latest earnings on Thursday (April 18), with Wall Street keeping a close eye on expected revenue and subscriber growth resulting from its recent password-sharing crackdown.But no one expected the dramatic results it delivered: Netflix ended the first quarter with 269.6 million paying customers globally for an audience of more than a half billion people. Operating income, from subscriber fees as well as its burgeoning ad busin ...