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Netflix adds record 7m subscribers as it races to cover the globe

Streaming TV giant's shares jump 8% as it sees biggest quarterly net addition, driving profit up 55% to US$66.7m

Netflix is producing world-leading TV, spanning tastes from cult shows like Stranger Things (above), to historical dramas like The Crown, to light entertainment like Fuller House, said Conlumino analyst Neil Saunders.

San Francisco

NETFLIX added a record seven million subscribers over the past quarter as part of its global expansion drive, fuelling a surge in revenue and profit for the streaming television giant.

California-based Netflix said in its quarterly report on Wednesday that it ended...

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