Looks like House of Cards has been working for Netflix: The streaming service made more than $1 billion in revenue for the first time in its corporate history in Q1 of 2013, according financial results published Monday. And with solid subscriber additions, Netflix is also on target to hit 30 million subscribers in the U.S. this quarter.
Revenue rose to $1.024 billion in Q1, compared to $889 million in Q1 of 2012. The company added 2.03 million domestic subscribers now has 29.17 million subscribers in the U.S., compared to 23.41 million in Q1 2012. Internationally, Netflix added 1.02 million subscribers, which brings the total number of subscribers outside the U.S. to 7.04 million, compared to 3.07 million a year ago.
Developing story, more to come.
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