Profits, subscribers on the rise as Netflix accelerates global expansion plans

LOS GATOS, CA – Netflix appears well on its way to its stated goal of achieving “must have” status in most households, adding a record 13.0 million new members in 2014 and more than doubling its profits.The online streaming giant said late Tuesday that it ended the year with a global total of 57.4 million members, up from 44.4 million at the end of 2013, and expects to end Q1 2015 with 61.4 million global members as it continues to push its slate of original content and launch in new countries.For the fourth quarter ended December 31, 2014, revenues were...