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Netflix will soon have more subscribers abroad than in its native US. It expects overseas sales to surpass domestic within the next three months.

The firm also reported its fastest ever revenue and subscriber growth.

Between January and March, it added 7.4 million subscribers. That takes its total to 125 million customers worldwide.

Almost three quarters of its new members came from overseas markets.

Revenue grew 43 per cent from the same period last year, which was slightly above forecasts. Netflix execs admitted they were surprised by the results.

However, the firm's co-founder and CEO said its fate was in its own hands.

"Whether or not our share of [the market compared to YouTube or traditional TV] grows or shrinks is really up to whether or not we produce great content, market that well, serve it up beautifully, and if we do that well, earn more of consumers' time then we continue to grow and if we get lazy or slow we'll get run over just like anybody else," Reed Hastings said.

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