Netflix Adds Nearly 16 Million New Customers

TB
Taylor Bagley
May 7, 2020
b2b entertainment Netflix on-demand software streaming Subscribers

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 viewing to decline and membership growth to decelerate as home confinement ends, Netflix, via shareholder letter

 

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

Follow us on social media for the latest updates in B2B!

Image

Latest

StudentSafe
Understanding Raptor StudentSafe
April 28, 2026

In this episode of School Safety Today, host Dr. Amy Grosso speaks with Chris Noell, Chief Product Officer at Raptor Technologies, and Will Durgin, Director of Student Well-Being, about the vision behind StudentSafe and how it helps schools move from reactive responses to proactive student support. Together, they emphasize that safer schools depend on giving staff…

Read More
school safety
Going Slow to Go Fast in School Safety Leadership
April 28, 2026

In this episode of the Principles of Change podcast, presented by Raptor Technologies, host Dr. Amy Grosso talks with Tim Dykes, Assistant Principal for Culture and Climate at York Community High School in Elmhurst, Illinois. The conversation highlights how strong relationships, student voice, and steady long-term leadership can help schools build environments where people feel…

Read More
career
Closing the Education-to-Employment Gap: The Rise of the Career Center as Campus Infrastructure
April 28, 2026

Higher education is under mounting pressure to prove its value. As student debt, shifting demographics, and employer expectations reshape the landscape, institutions are being forced to rethink how they prepare students for life after graduation. At the same time, new data shows a sharp rise in internship-to-full-time hiring, with recent cohorts converting at their…

Read More
leadership
Called to Lead: Joel Allison on Faith, Risk, and the Future of Healthcare Leadership
April 27, 2026

Healthcare leadership is being redefined in real time. With the rise of AI, mounting financial pressures, and workforce burnout, executives today are operating in an environment of continuous disruption and uncertainty. In fact, industry leaders now rank workforce shortages and digital transformation among their top concerns—forcing a new kind of leadership that blends decisiveness…

Read More
Related
virtual physical therapy
Software & Technology
Virtual Physical Therapy and the Changing Landscape of Athlete Care
March 3, 2026
NBA
Healthcare
Slow Stories in a Fast League: Why the NBA Still Deserves Real, In-Depth Journalism
November 3, 2025

In a sports world increasingly defined by short-form clips, social algorithms, and viral takes, long-form storytelling remains a vital counterweight — the place where depth, nuance, and narrative still matter. The NBA, perhaps more than any other league, sits at the center of this tension: every quote can become a meme, every story a highlight…

Read More
college football
Healthcare
Coaching Insights: Inside the Relentless Pressure and Changing Realities of Modern College Football
October 27, 2025

The college football carousel is spinning faster than ever—accelerated by the transfer portal, NIL, and playoff-or-bust expectations. In this environment, staff turnover isn’t just a headline; it’s a human story affecting assistants and families who don’t have eight-figure buyouts. As discussed in this episode, a widely cited estimate suggests a majority of portal entrants…

Read More