Netflix Adds Nearly 16 Million New Customers
Netflix Adds Nearly 16 Million New Customers. The streaming platform reportedly added 15.77 million paid subscribers globally, nearly doubling analysts’ estimates for the first quarter. The uptick in subscribers comes amid the ongoing COVID-19 pandemic, when many are stuck at home, watching movies and TV. Streaming platforms are one of a select few industries benefiting…
This story was produced through MarketScale. See how Sports & Entertainment teams put it to work with Events & Onsite Capture.
Get featured
Want to get featured in MarketScale Sports & Entertainment?
Create a free MarketScale workspace and get your company's expertise featured across our Sports & Entertainment coverage. No credit card, no demo required.
Netflix Adds Nearly 16 Million New Customers. The streaming platform reportedly added 15.77 million paid subscribers globally, nearly doubling analysts’ estimates for the first quarter. The uptick in subscribers comes amid the ongoing COVID-19 pandemic, when many are stuck at home, watching movies and TV.
Streaming platforms are one of a select few industries benefiting from the stay-at-home orders in place around the world. But Netflix warned that it could see a dip in new customers for the latter part of the year, as many people will have already signed up. We expect to view to decline and membership growth to decelerate as home confinement ends, Netflix, via shareholder letter.
For the latest news, videos, and podcasts in the Sports and Entertainment Industry, be sure to subscribe to our industry publication.
Follow us on social media for the latest updates in B2B!
Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale
Your experts belong here
Every story in MarketScale Sports & Entertainment starts with a company putting its venue operators, production crews, and partnership teams on the record. Buyers are already reading this topic. The only question is whose experts they find.
Rights holders and partners back the operators they know, and coverage is how they get to know yours.
