If it wasn’t already obvious what people have been doing while staying home during this pandemic, it certainly is now.
Netflix just announced its biggest quarter ever on Tuesday.
The most shocking number from Netflix’s Q1 2020 results: The video streaming service brought in 15.77 million new global paid subscribers.
This huge number blew all prior expectations out of the water. Netflix had previously projected 7 million new subscribers before the coronavirus pandemic. Analysts had estimated 8.22 million new subscribers on average.
Netflix’s prior quarterly record for new subscribers was 9.6 million additional global subscriptions in Q1 2019. The company’s previous quarter, Q4 2019, brought in 8.76 million new subscribers. Read more…
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