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Netflix Hits 25 Million Subscribers, $789 Million Revenue, Responds To Price Backlash

The numbers for Netflix's second quarter are in, and despite recent criticism, the company's not too far from hitting its mark. Subscriptions are up by 1.8 million, to more than 25 million global subscribers, an increase of 70% year-over-year, while global revenue hit $789 million, a 52% uptick from the same quarter last year--though slightly less than the $791 million analysts had expected

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