'Tiger King,' coronavirus propel Netflix to huge subscriber gains [CNNMoney.com]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: CNNMoney.com
'Tiger King,' 'Love is Blind' and coronavirus propel Netflix to huge subscriber gains New York (CNN Business) Netflix added a stunning 16 million subscribers in the first quarter of 2020, as the coronavirus pandemic led people to stay at home and binge on hit docuseries, such as " Tiger King ," and reality shows like " Love is Blind ." The company blew by its own subscriber growth expectations on Tuesday when it reported its first-quarter earnings. Netflix ( NFLX ) now has 183 million subscribers globally. The service said it expects to add another 7.5 million subscribers in the second quarter. Netflix's first quarter profit in 2020 more than doubled, to $709 million from $344 million in the year-earlier quarter. Its revenue jumped 28%, to $5.7 billion. Netflix's share price was mostly unchanged in after hours trading. Read More Despite its impressive jump in profits and subscribers, the company's letter to shareholders was somber, focusing on the
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- Mediawan In Talks To Buy Peter Chernin's The North Road Company [Yahoo! Finance]Yahoo! Finance
- How Apple TV Is Quietly Becoming a Threat to Netflix's Growth Story [Yahoo! Finance]Yahoo! Finance
- Netflix Offers Podcasts To Compete With YouTube [Forbes]Forbes
- Ted Sarandos says Netflix will commit to 45-day theatrical releases [Verge, The]Verge, The
- Netflix And Warner Bros.: Valuation, Debt, And Risks Discussed - Hurdles Ahead [Seeking Alpha]Seeking Alpha
NFLX
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NFLX
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- 1/16/26 - Form 144
- 1/15/26 - Form 144
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