torontosun.com
Tiger King
Netflix
Coronavirus
Tiger King
Netflix
Netflix doubles expected signups but warns pandemic boost may fade
Reading now: 479
torontosun.com
torontosun.comNetflix Inc more than doubled its own projections for new customers as quarantined audiences binged on series such as “Tiger King,” but the company predicted a weaker second half of the year if stay-at-home orders to fight the coronavirus are lifted.The world’s largest streaming service gained 15.8 million paying customers from January through March, bringing its global total to 182.9 million.
Netflix had predicted it would add 7 million during the period.The company warned that it expected fewer new subscribers from July to December compared with a year earlier, however.
Many people who would have joined then are likely to have already signed up, executives said.“We expect viewing to decline and membership growth to decelerate as home
Read more on torontosun.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
Report this news
Related News
Celebrities
Locations