Oct 20, 2020

Five things about Netflix as the pandemic rolls on

How is Netflix faring after that initial boost? Netflix added just 2.2 million new subscribers in the three months ended 30 September, as the surge of demand for its services prompted by the pandemic faded. Still, Netflix reminded investors that it's still on track for a record number of 34 million new subscribers in 2020 - or more than 200 million overall. Netflix said 78 million member households watched The Old Guard, a Netflix original, in the first four weeks after its launch, making it the firm's most popular title of the quarter. The number of international subscribers to Netflix had already eclipsed those in the US - and overseas growth continues to be critical.

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