Claire Foy as Queen Elizabeth II in Netflix series The Crown.
A year ago, Netflix boldly declared that it planned to conquer the global market for streaming television, adding more than 130 countries to its service map. It also promised to start delivering material profits in 2017 after operating at breakeven profitability for several quarters. On Wednesday, the company released business results showing that it is on its way to reaching those targets, even as competition accelerates from services like Amazon and Hulu.
Source: Netflix Profit Rises 56 Percent to $67 Million – The New York Times