Netflix Management Talks Data Privacy, Content, and Technology

For the first quarter of 2018, Netflix (NASDAQ: NFLX)showed once again that its quickly accelerating subscriber growth was no fluke. The company added 7.41 million new viewers, more than a million higher than its already ambitious forecast. The result also blew past analysts' estimates for 6.6 million additions.

Netflix now boasts 125 million subscribers worldwide, validating the company's strategy of ratcheting up its spending on programming. Netflix plans to spend between $7.5 billion and $8 billion on content this year, with an emphasis on owning much of it -- which the company says is less expensive on a per-subscriber basis.