Wave of new subscriptions will subside after lockdowns, Netflix cautions
Streaming giant benefits from people worldwide staying home by far exceeding projections for growth in viewership
22 April 2020 - 10:52
Los Angeles — Netflix 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 to end-March, bringing its global total to 182.9-million. Netflix had predicted it would add 7-million during the period...
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