Netflix shares rallied Wednesday after its latest quarterly update showed robust subscriber growth and better-than-expected profits ahead of a major escalation in the streaming television war. Netflix reported a net income of $665 million in the recently ended quarter, jumping up from $403 million in the same period last year and topping most analyst forecasts. […]
source https://www.newsmerit.com/tech-news/netflix-revs-up-growth-as-streaming-tv-war-looms/
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