Netflix has had a huge surge in viewers during the coronavirus lockdown
Tiger King attracted 64 million viewers.
While many companies around the globe have been struggling with the social and economic impacts of the coronavirus, Netflix has not been one of those companies.
Almost 16 million people created accounts in the first three months of the year, the streaming giant said.
The figure is almost double the number of sign-ups the company received in the first three months of 2019.
The growth of 15.8 million new subscribers takes Netflix to 182 million subscribers worldwide.
It has also seen success with a number of projects such as Tiger King, which attracted 64 million viewers, and original movie Spenser Confidential, which was viewed by 85 million users.
“In our 20+ year history, we have never seen a future more uncertain or unsettling. The coronavirus has reached every corner of the world and, in the absence of a widespread treatment or vaccine, no one knows how or when this terrible crisis will end,” the company said in a statement.
“At Netflix, we’re acutely aware that we are fortunate to have a service that is even more meaningful to people confined at home, and which we can operate remotely with minimal disruption in the short to medium term. Like other home entertainment services, we’re seeing temporarily higher viewing and increased membership growth.”
The company initially expected to add 7.5 million new members in the next three months to the end of June, but warned investors that growth and viewers would likely decline over the coming months as restrictions are relaxed around the world.
With production on many projects paused at the moment, Netflix stressed that while they would likely be affected, they have a number of new titles which should be able to launch in 2020 and 2021.
“While our productions are largely paused around the world, we benefit from a large pipeline of content that was either complete and ready for launch or in post-production when filming stopped,” the statement added.
“So, while we’re certainly impacted by the global production pause, we expect to continue to be able to provide a terrific variety of new titles throughout 2020 and 2021.”