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https://www.panoramaaudiovisual.com/en/2020/04/22/el-confinamiento-impulsa-las-suscripciones-a-netflix-con-casi-16-millones-de-nuevos-usuarios/

The platform doubles its profits in the first quarter of 2020 compared to the same period in 2019. It already reaches 180 million subscriptions worldwide.

Netflix California

Confinement due to the pandemic coronavirus COVID-19 that has forced almost half of the world's population to stay at home has given a boost to the number of subscribers of Netflix.

The streaming platform has added in the first quarter of 2020 15.8 million new users, I ascend to 183 million worldwide. A notable increase if we take the same quarter of 2019 as a reference when it added 9.6 million users.

By geographical areas, Europe and the Middle East have brought the company almost 7 million new, followed by Asia, which added 3.6 million and Latin America, with 2.9 million new users.

The demand for entertainment from 3 billion confined people has allowed Netflix to increase its income by 27.6% ($5.768 million) compared to the same period of the previous year.

They are net profit was also increased by 106%, rising to 709 million dollars compared to the 344 million registered in the first three months of 2019.

Este crecimiento proviene de los nuevos hogares, pero también de los antiguos suscriptores que habían rescindido sus contratos. Ahora, para el segundo trimestre, Netflix espera añadir 7,5 millones de clientes, aunque esta cifra, según reconocen en la compañía, dependerá de la evolución de la pandemia y el confinamiento poblacional.

By, Apr 22, 2020, Section:Business, Television

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