In its second quarter report released today, Netflix notes it has crossed the milestone of 50 million members, with 36.24 million domestic subscribers and 13.8 million international ones. In comparison, Time Warner claims 127 million HBO subscribers, while Amazon coyly admits that it has just over 20 million Prime subscribers. The company also reported 1.34 billion in revenue, doubling the profit it had last year.
As Netflix expands around the globe and heaping up the profits, the company also seems to have become the major force advocating for Net Neutrality, which it once again, unsurprisingly, asserts its support for in the report. Its battle with big cable and ISP companies over this issue will most likely intensify as Netflix continues to gain strength from the fast-growing OtT market.
