SAN FRANCISCO: Netflix on Tuesday said that its number of subscribers hit a record high 232.5 million in the first quarter of the year and that its nascent ad-supported tier is faring well.
The streaming television giant reported a quarterly profit of US$1.3bil (RM5.7bil), in line with expectations, but said it had delayed a broad crackdown on sharing of account passwords "to improve the experience for members."
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