Post #1222

​​📺Netflix's International Expansion Picks up Steam #Netflix released its prediction-beating Q1 figures last week and this chart is looking at one interesting aspect of the announcement - the growing profitability of the international streaming side of the business. Moving from 8.7% in Q4 2017, in Q1 2018 the margin leaped up to 15.3%. As the chart also shows, this appears to be due to revenues significantly outgrowing the cost of revenues (70% to 49%). Marketing is still a big part of Netflix's international expansion, but these costs also grew more slowly than revenue, at 60.8% compared to Q1 2017. 🚀@PerspectiveIX 🌀 ⁣http://prs.pctvix.co/TelegramIX