Jill Goldsmith, Dade Hayes Netflix added 10 million net new global subscribers last quarter, beating expectations as viewers hunkered down amid a pandemic.
The company’s current third-quarter forecast disappointed however, knocking the stock down more than 11% in after hours trading.In major news, chief content officer Ted Sarandos was named co-CEO alongside founder and chairman Reed Hastings.Netflix net subscriber adds were above expectations of 8.26 million for the second quarter where it ended at 192.95 total subs.
Read more on deadline.com
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