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posted by martyb on Saturday July 18 2020, @07:10PM   Printer-friendly

BBC:

Netflix has seen a surge in sign-ups due to the coronavirus lockdown, but has warned investors that subscriber growth will slow.

The streaming giant added more than 10 million subscribers in the three months to July, bringing the total of new subscribers to 26 million in 2020.

In contrast, Netflix saw 28 million new subscribers for the whole of 2019.

"Growth is slowing as consumers get through the initial shock of coronavirus and social restrictions."

Will Netflix's library expand to accommodate the growth in subscribers?


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  • (Score: 1) by fustakrakich on Saturday July 18 2020, @07:49PM (7 children)

    by fustakrakich (6150) on Saturday July 18 2020, @07:49PM (#1023464) Journal

    With all that new money, they can put in a fatter pipe... Or maybe they just wanna take the money and run

    --
    La politica e i criminali sono la stessa cosa..
  • (Score: 2) by looorg on Saturday July 18 2020, @08:45PM (4 children)

    by looorg (578) on Saturday July 18 2020, @08:45PM (#1023488)

    The problem is probably not infrastructure but one of content. During the pandemic or shutdown there have been very little production of new content. As people binge through the library available they might run out of stuff to see and they will unsub.

    • (Score: 1) by fustakrakich on Saturday July 18 2020, @09:31PM (2 children)

      by fustakrakich (6150) on Saturday July 18 2020, @09:31PM (#1023502) Journal

      The problem is probably not infrastructure but one of content.

      I'll say! Where's Matlock and Green Acres?

      --
      La politica e i criminali sono la stessa cosa..
      • (Score: 2) by looorg on Saturday July 18 2020, @09:35PM (1 child)

        by looorg (578) on Saturday July 18 2020, @09:35PM (#1023504)

        Don't worry grandpa the stories will be on soon and with your alzheimer every episode is like a new episode even when they are reruns.

        • (Score: 1) by fustakrakich on Saturday July 18 2020, @09:54PM

          by fustakrakich (6150) on Saturday July 18 2020, @09:54PM (#1023515) Journal

          You forgot the damn toast!

          --
          La politica e i criminali sono la stessa cosa..
    • (Score: 0) by Anonymous Coward on Sunday July 19 2020, @09:11AM

      by Anonymous Coward on Sunday July 19 2020, @09:11AM (#1023667)

      We have a century of content they could put on.

  • (Score: 2) by JoeMerchant on Saturday July 18 2020, @10:55PM

    by JoeMerchant (3937) on Saturday July 18 2020, @10:55PM (#1023537)

    Was gonna say:

    Will Netflix's library expand to accommodate the growth in subscribers?

    That's not how this works... that's not how any of this works.

    --
    🌻🌻 [google.com]
  • (Score: 2) by FatPhil on Sunday July 19 2020, @09:21AM

    by FatPhil (863) <pc-soylentNO@SPAMasdf.fi> on Sunday July 19 2020, @09:21AM (#1023670) Homepage
    Growth is slowing, not bandwidth, it's right there in the summary. This is a information more to (potential) shareholders than to (potential) subscribers.
    --
    Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves