Netflix continues to grind record numbers: in the last quarter it gained another 10.2 million subscribers. Added to the +15 million of the first quarter, it means about 26 million new paying users in just six months; to make a comparison, in the whole of 2019 he had earned 28 million. Merit of the coronavirus: the COVID-19 pandemic has caused quarantines in many parts of the world, and inevitably the use of video content has grown.
We are now very close to 200 million subscribers, but Netflix warns that such growth cannot last much longer. 2.5 million new subscribers are expected to grow in the third quarter, compared to 6.8 million last year. Despite the large increase in subscribers, revenue was $ 6.15 billion – growing, but slightly less than investors' forecasts – and shares lost 9% on the stock exchange.
Netflix, on Android you can now edit the "keep watching" list 25
Android June 24
As we know, the pandemic has put the film and television industry in difficulty – the production of new content has also been significantly delayed, again due to the lockdown. Netflix, however, is reasonably quiet: this month alone should be able to release the beauty of 59 seasons of TV series, films and documentaries. For the future, despite the delays, the forecast is still to increase the offer: that is, the total of new content in 2021 should be higher than in 2020. Having said that, it is likely that availability will be a little more unbalanced towards the second half of the year.
Among the other "administrative" changes, the company has announced that Ted Sarandos, hitherto responsible for content, will become co-CEO together with the historic Reed Hastings. In the past few hours, moreover, the platform has announced that it is precisely one of his films released in this second quarter the absolute champion of popularity: Tyler Rake, starring Chris Hemsworth.