Netflix Coronavirus pandemic shock Netflix

Netflix boosts global subscription numbers by more than 10 million

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Netflix boosted its total number of global subscriptions by more than 10 million in the last quarter amid the coronavirus pandemic.

The streaming giant has now seen the number of paid memberships it receives grow by 26 million in the first half this year, according to a company letter to shareholders.

The figure is nearly on a par with the 28 million that were added throughout the whole of 2019 and the company has exceeded its targets.

However growth rate is slowing “as consumers get through the initial shock of Covid and social restrictions”, the letter added.

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