Netflix reported a global increase of 15.7M subscribers in the most recent quarter, almost twice what analysts expected.
“In our 20-year history, we’ve never seen a future more uncertain or unsettling," Netflix CEO Reed Hastings said in a letter to shareholders released Tuesday afternoon."The coronavirus has reached every corner of the world."
Netflix isn’t the only streaming service to see an uptick during nationwide orders to stay at home. Disney+ has already hit 50 million subscribers, thanks in part to parents working from home looking to keep kids occupied and entertained; and WarnerMedia's online-only streaming service HBO Now has spiked by as much as 40 percent since viewers began sequestering in their homes in March.
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