'Orange Is the New Black' pushes Netflix past 50M subscribers

Netflix Inc., the world’s largest online-subscription service, posted second-quarter signups that beat analysts’ estimates as the women’s prison series “Orange Is the New Black” lifted users past 50 million, Bloomberg Businessweek reports.

The company's net income more than doubled to $71 million.

Netflix added 570,000 million new domestic streaming customers this quarter, beating the company’s forecast of 520,000 and bringing the U.S. total to 36.2 million. International customers rose by 1.12 million to 13.8 million.

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