Netflix has announced $870 million in revenues for the fiscal Q1 of 2012. The company was also able to add just about 3 million subscribers to the streaming side estimating 1.21 million internationally and 1.74 domestic. A hit was taken in the DVD rental side, which honestly is no surprise, down 1.08 million customers to just about 10.09 million total and about 7 million of those also have the steaming service. Remember awhile back Netflix decided it would be better to split up the streaming and DVD services into 2 separate charges which made many people angry enough to leave. I myself just decided to keep the streaming side of things. Netflix is also going to bring its streaming side with all new original content running from an all new Arrested Development season to Hemlock Grove which is a 13 episode series from Eli Roth which is set for a 2013 release. So Netflix seems to be putting a real move on the streaming side of things and the growth shows some positive strides and hopefully they will be able to keep it up.
