Not dead yet
Netflix Inc., the online and mail- order video-rental service, surged after reporting fourth- quarter profit that exceeded analysts’ estimates and forecasting improving margins in its streaming business.
Netflix signed 610,000 U.S. customers in the period to reach 24.4 million, according to a statement yesterday. Shares of the Los Gatos, California-based company rose 16 percent to $110.12 in extended trading.
Tangentially, from “Piracy is part of the digital ecosystem” (Monday Note), a snapshot of U.S. bandwidth consumption