Netflix sign-up has increased in lockdown


This year, the world's most popular online streaming platform Netflix has seen an increase in their subscriber base. People who have been locked down due to the coronavirus situation in the world have joined the online streaming platform for entertainment from home.

According to Netflix, in the first three months of this year, 16 million new accounts were created on their site. In the last three months of 2019, the number of subscribers to the site doubled. This information has been informed in the report of BCC online on Wednesday.

According to Netflix, despite the increase in their subscriber base, their new production has stopped due to the coronavirus. The new customer did not increase their income very much. All kinds of pictures have stopped working in different parts of the world. Considering the value of the currency and the increase in customers outside the United States, their international income is now lower than before. However, investors have shown interest in Netflix's share price, which has risen 5 percent.

Eric Hagstorm, an analyst at market research firm Emarketer, said: "Netflix will continue to be the least damaged media company of the Covid-19."

Demand for this specialty has grown significantly as a result of recent corporate scandals. In addition, they employed 2,000 customer service personnel to handle the situation.

Netflix expects another 8.5 million subscribers to join the platform by June, surpassing analysts' forecasts.

Netflix currently has a total of 162 million subscribers worldwide.

Netflix, the world's most popular online streaming platform, announced last March that they would raise 100 million in funding for this coronary day. And this money will be spent on the most disadvantaged artists and craftsmen in television and cinema. Netflix chief Ted Sarandus confirmed the information in an official statement.

Category and Tags
More stories by
Down: Facebook, Instagram, Messenger: Massive outage caused by meta platforms that abruptly stop functioning

It looks that parent company Meta is experiencing a significant outage that has affected Facebook, Instagram, and Messenger.Users discovered that they couldn't load the websites or apps normally. Affected users discovered that Instagram would not fun

Elon Musk lost the Richest person's crown! Who behind ?

World's Richest Man: For the first time since 2021, Amazon.com Inc. founder Bezos, 60, has topped Bloomberg's ranking of the richest people.Elon Musk is suddenly under pressure. For ...

Just when 5G network deployment is almost complete, telcos are already discussing "5.5G."

Spain's BARCELONA The deployment of 5G wireless mobile networks has not yet been completed by telecom providers. Nevertheless, leaders of significant carriers are already discussing the development of "5.5G," or "5G Advanced," technology.At the Mobil

Google Gemini's product lead withdraws from social media following an unsettling AI product launch that resulted in abuse

Important PointsJack Krawczyk, the Gemini Product Lead, has deleted content from his social media accounts in response to a recent wave of hostility.Elon Musk, the owner of social networking platform X, among other public figures and users have been

VR apps are tried in emergency evacuation drills at Japanese universities

In the Japanese prefecture of Fukushima in the northeast, a disaster evacuation drill utilizing an augmented reality app was conducted on Sunday. At an Iwaki City mall, about 110 locals and students gathered to test ...

Follow Business Habit on Facebook, Twitter