Netflix’s $200 million senior notes offering priced at par; expected to close Friday
Netflix prices $200 million senior notes offering Netflix adds 510,000 more customers as DVD-by-mail service delivers another strong quarterSAN FRANCISCO — Netflix Inc. has been doing so well during the recession that it’s getting tougher for the DVD-by-mail pioneer to live up to investors’ lofty expectations. Netflix 1Q profit soars 68 percent as 920,000 new customers sign up for DVD rental serviceSAN JOSE, Calif. — Netflix Inc.’s first-quarter profit soared as more people signed up for its DVD-by-mail service than in any other three-month period in its history, an achievement apparently driven by consumers’ desire for cheaper forms of entertainment during the recession. |