Netflix adds 2 million U.S. subscribers in Q1, stock surges

SAN FRANCISCO – Netflix’s venture into original programming production seems to be paying off as the company reported adding 2.03 million new U.S. subscribers to its internet video service during the first quarter of 2013. That brought the company’s total domestic subscriber base to 29.17 million paid members, up from 25.47 million in the previous quarter. International customers increased by almost 17% from the fourth quarter of 2012 to 7.14 million. Netflix reported global first quarter revenue of $1.02 billion, an increase from $945 million in the last quarter of 2012, and a 17.7% increase compared to the same quarter...