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Netflix's mammoth growth continues. The streaming service added 8.3 million subscribers in the last three months of 2017. More than 75 per cent of those (6.36 million) were outside its native US.

Its revenue rose about a third to $3.3 billion (£2.37 billion). Its $186 million (£133 million) profit was almost three times that of the same period in 2016.

But it wasn't all champagne and roses. The service wrote off $39 million (£28 million) for "unreleased content" starring disgraced actor Kevin Spacey.

Spacey was accused of sexual misconduct late last year. Netflix promptly halted production of its Spacey-starring series 'House of Cards' to write out his character, fictional US president Frank Underwood. It also didn't release the film 'Gore', which starred Spacey as writer Gore Vidal.

Despite the controversy, Netflix described the period as a "beautiful quarter". It added: "We believe our big investments in content are paying off."

The service's original productions include 'Black Mirror' and the Will Smith film 'Bright'. It's planning more than 30 original international programmes this year, with projects from France, Poland, India, Korea and Japan. International subscribers now make up 53 per cent of Netflix's audience.

This year, Netflix will invest $8 billion in content. To help fund this, the service raised its prices in October.

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