“Recall last year, we got it to a 5 margin, and we stated we have a goal this year and guidance this year to achieve a 10 margin.”

In context

“s quarter and what we've managed to do in the last year where it's making more than a billion dollars and we're on a path to turning into a far better business. That reorganization worked. I can't I'm not gonna speak for my successor in terms of how the company will be organized, but I do believe strongly that it's very important that any organization that's created is created with an eye toward creating and maintaining accountability. Hugh F. Johnston: Dan, I'll jump in on the streaming question. You're right in that we were certainly investing in the business. At one point a few years ago, in fact, we were losing $1 billion a quarter. That number improved substantially. Bob laid out a goal for us. To return or to get streaming to profitability and then to get it to double-digit margins. Recall last year, we got it to a 5 margin, and we stated we have a goal this year and guidance this year to achieve a 10 margin. In terms of the quarter, we delivered 12% revenue growth and about a little over 50% earnings growth. So from that perspective, we are dropping a lot of operating leverage out of the business. And we would certainly expect to continue to drive operating leverage going forward even while we invest in international content and invest in technology. To make the product better. The balancing act, of course, is we want to continue to grow at a rapid rate while driving operating leverage. We talked last call about a goal of achieving double-digit revenue growth. And in fact, we did do that on the first quarter. And that's something we aspire to continue to do. Carlos A. Gomez: Thanks, Kannan. Operator, next question, please. Lauren: The next question comes from Michael C. Morris from Guggenheim”