Netflix profit doubles on US, foreign subscriber growth


Netflix added 570,000 US customers in the second fiscal quarter ended June 30, passing 50 million worldwide subscribers for the first time, while adding 1.12 million customers in international markets - AFP Photo.

LOS ANGELES: Netflix Inc said on Monday its quarterly profit more than doubled, boosted by strong growth in US and international subscribers as a price increase for its most popular US video streaming plan did not deter new users.

Netflix added 570,000 US customers in the second fiscal quarter ended June 30, passing 50 million worldwide subscribers for the first time. It added 1.12 million customers in international markets.

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