Netflix Adds Nearly 16 Million New Customers

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

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

decarbonization efforts
Decarbonization Efforts and Goals in the Aerospace Industry
September 18, 2024

As the aerospace industry intensifies its focus on decarbonization efforts, the sector faces increasing pressure to reduce its carbon footprint in line with global climate goals. This conversation is particularly relevant as the industry contributes approximately 3.5% of global emissions. To stay competitive and comply with the Paris Agreement targets, aerospace companies are adopting…

Read More
Care Anywhere: The Journey Begins
Care Anywhere: The Journey Begins
September 18, 2024

In the inaugural episode of Care Anywhere: The Global Health Workforce Podcast, host Lea Sims, CMO of CGFNS International, Inc., introduces the organization’s mission to address global healthcare workforce challenges. Joining the discussion are Dr. Peter Preziosi, President and CEO of CGFNS International, Inc., and Julia To Dutka, Chief of the CGFNS Global Health Workforce…

Read More
revolutionizing drug development
Revolutionizing Drug Development: The Patient Voice is Leading the Way!
September 18, 2024

Revolutionizing drug development is pivotal in today’s healthcare landscape, particularly as the patient voice grows louder and more influential in shaping therapies. The latest episode of Healthcare Rethink, a FinThrive podcast, looks at this transformative trend. In an engaging discussion, host Brian Urban welcomes Wendy Erler, the VP of Global Patient Experience at Alexion…

Read More
we matter
We All Deserve to Feel We Matter: Insights from Stephen “Shed” Shedletzky
September 17, 2024

In today’s fast-paced business environment, ensuring we matter at work is more important than ever. Research reveals that an employee’s relationship with their boss can impact their well-being more than their doctor or spouse, proving that leaders play a crucial role in shaping an environment where we matter. Stephen “Shed” Shedletzky, a Leadership Expert…

Read More
Related
career transitions
Software & Technology
Navigating Career Transitions: Insights from Dr. Jamil Northcutt
September 11, 2024
Marques Colston
Healthcare
Marques Colston’s Evolution From Underdog to Adapting and Thriving in Professional Football
August 21, 2024

The world of professional sports offers some of the most inspiring stories of players who rise from obscurity to legendary status. One such tale is that of Marques Colston, whose journey spans from a small school football player to a 10-year veteran with the New Orleans Saints. As the NFL season kicks off, Colston’s…

Read More
Emmett Gill discusses mental health
Healthcare
Athlete Mental Health and Advocacy Requires Several Steps of Strategizing
August 21, 2024

Mental health is finally taking center stage in the world of sports, making the conversation around student-athletes and their well-being becoming more important than ever. With athletes increasingly opening up about their struggles, the question of how to navigate mental health while striving for peak performance is pertinent. However, there are some athletes who…

Read More