In the News
Netflix Finishes 2017 With a Record Profit
![](https://tutor2u-net.imgix.net/user-photos/gbr_profile.jpg?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=100&q=80&w=100)
23rd January 2018
A staggering chart highlighting the surge in Netflix profits over the last twelve months. Having generated $11.7 billion in revenue, Netflix posted a record profit of $559 million in the last financial year.
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Is their rapid growth of revenue sustainable? What are the commercial challenges facing a business that has grown at such a breakneck speed? They continue to invest heavily in new programme content. In 2017 Netflix spent $6 billion on 30 new original shows.
Netflix is headed for a huge profit milestone in 2018 pic.twitter.com/AsjPnleoTc
— Business Insider (@BusinessInsider) January 22, 2018
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