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Netflix Coronavirus show record LIFT Netflix

Netflix Packs on Record 15.7 Million Subscribers in Q1, Getting Huge Lift From Coronavirus Lockdowns

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variety.com
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By Todd Spangler NY Digital Editor Netflix added a net 15.77 million paid streaming customers in the first quarter of 2020 — blowing away prior estimates thanks to the coronavirus pandemic and setting a record for quarterly gains.

The streamer said it had 182.9 million paid subscribers globally as of the end of Q1, up 22.8% from a year earlier. Netflix had previously told investors it expected to add 7.0 million subs in the quarter, but that was before COVID-19 kept millions of people homebound. “[O]ur membership growth has temporarily accelerated due to home confinement,” Netflix said in its quarterly shareholder letter.

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Netflix Coronavirus show record LIFT
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