Netflix doubles expected tally of new subscribers amid Covid-19 lockdown

Netflix has more than doubled the number of new subscribers it expected in the last three months as more people signed up amid the coronavirus pandemic.

The streaming giant announced on Tuesday that it added 15.77 million new paid subscribers globally, well above the 7 million it had expected, as people worldwide sought ways to entertain themselves during the lockdowns.

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Netflix Q1 2020 Results: Industry Commentary