Internet TV era: Netflix added 2.95 million streaming subscribers in the first quarter of 2012 with total 23.41 million domestic streaming subscribers and 3.07 million international streaming subscribers

The world’s largest Internet TV network added 1.74 million domestic subscribers in the first quarter of 2012.  Netflix now had 23.41 million domestic streaming subscribers.  This segment of subscribers generated $507 million in revenue with contribution profit of $67 million.

In the global arena, Netflix added 1.21 million streaming subscribers and now has 3.07 million international streaming subscribers.  This segment generated only $43 million, but with contribution loss of $103 million.

While more users connect to Internet to utilize Netflix services, the number of DVD subscribers dropped to 10.09 million subscribers in Q1-2012, or a loss of 1.08 million subscribers. This segment generated revenue of $320 million and with contribution profit of $146 million.

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