During the deadly virus, Netflix fever began to speak to the youth, surprising research has come out

During the deadly virus, Netflix fever began to speak to the youth, surprising research has come out

In view of the coronavirus, when the entire world’s businesses are closed, the online streaming service Netflix’s business has flourished.

Netflix has seen its quarterly profits double since people are stuck at home. Netflix has 182 million subscribers worldwide.

During the Corona virus, more than one and a half million people have subscribed to Netflix’s online streaming service so far.

In the first quarter of 2020, Netflix made a profit of around $710 million on revenue of $5.8 billion.

The management of the company has said that due to Corona, the subscription has increased and the income has also increased, but due to the lockdown imposed by the governments around the world, we have stopped most of our productions.

People are turning to the video streaming service to entertain and pass the time at home, which has boosted Netflix’s profits.

According to the company, the number of users subscribed to Netflix has almost doubled since the end of last year.

Netflix said that most of the production has been stopped due to the lockdown, but the revenue is increasing rapidly.

According to management, we are seeing an increase in membership for our services. According to Netflix, the company is giving its services to those who are confined to their homes during the lockdown days.

The company added that if the lockdown continues in this manner due to the corona virus, there may be an increase of 7.5 million users in this service by June this year, but there is a possibility that these users will decrease rapidly after the lockdown ends. Also exists.

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2024-07-24 03:42:47

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