With domestic subs now streaming 103 minutes per d
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Gaming-centric video web site Twitch ended 2013 with more than 45 million unique monthly viewers who watched, on average, 106 minutes of video a day, according to an end-of-year report from the company.
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A new streaming media and connected TV report released today by Parks Associates shows that of broadband households in the U.S. that own a streaming device, more use Roku (37%) compared to Apple TV (24%) – and other brands. This means that Roku customers stream more video and music than people who have other streaming devices!
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Amazon continues to generate enormous revenue even as it posts just modest profits. The online retailer’s sales rose 23 percent year-over-year to $19.74 billion in sales in the first quarter of 2014, beating analyst estimates of $19.43 billion. The company posted a profit of $108 million for the quarter, or 23 cents per share, in line with analyst expectations. Amazon stock was essentially flat in after-hours trading.
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Netflix
For the first three months of the year, the company reported earnings of 86 cents per share on revenues of $1.27 billion.
Earnings were above analyst expectations of 83 cents a share, while revenues were in-line with the $1.27 billion Wall Street forecast for the quarter. In last year’s first quarter, Netflix earned 5 cents a share on $1 billion in revenue.
From January through March, Netflix gained 2.25 million domestic subscribers, bringing the total to 35.7 million. That was in line with the company’s forecast 2.25 million new domestic subscribers from the last earnings announcement. On the international side, Netflix added 1.75 million subscribers, which was above its estimate of 1.6 million.