Netflix has got more than one and a half crore subscribers in lockdown

Netflix has got more than one and a half crore subscribers in lockdown
 
Netflix has got more than one and a half crore subscribers in lockdown
Netflix has got more than one and a half crore subscribers in lockdown

 The novel coronavirus is in fact going through quite a crisis in the technology industry and other industries.  Many organizations are suffering financially as there are instructions to stay at home to avoid infection.  The calculation has been reversed in the case of Netflix.

 The company has recently reported the first quarter of 2020.  The number of Netflix subscribers has increased in the lockdown.  During this period, the company has got one crore 70 lakh new customers.  The rate at which people spend time on the streaming site has also increased.  - News technology site Engadget.

 As a result of the increase in the number of customers, there is a risk of profit as well as negative impact.  Netflix estimates that the way the number of subscribers is expected to grow throughout the year will have a negative impact after the lockdown.

 Earlier, Netflix had said that it could get 6 million new subscribers in the first quarter.  The number of subscribers has more than doubled compared to that.  The company also said how many views Netflix could get in the next few weeks.

 According to Netflix, 'Tiger King: Murder' and 'Meham and Madness' could get 64 million views in the first four weeks, Ozark Season 3 could get 29 million views, Money Heist could get 65 million views and Spencer Confidential could get eight.  Quote 50 lakh views.

 Engadget says Netflix's 'Open Connect Caching' has helped reduce the pressure on network traffic after streaming increased.  Netflix, meanwhile, said it was working with the network to lift restrictions once conditions improved.

 Netflix currently manages its own customer management in a home-to-work setup.  The company has also appointed 2,000 new representatives who will work from a distance.