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Netflix Profits Double As It Prepares European Push

Netflix profits have more than doubled, putting the company in a very strong position as it seeks to conquer Europe. The streaming service announced that it has passed 50m subscribers, and in the last quarter, two in three of its new subscribers lived outside America. This will be encouraging news as its prepares to launch in Germany, France, Austria, Switzerland, Belgium and Luxembourg this September.

Read the whole story at The Daily Telegraph »

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