Netflix beats estimates for paid subscriber additions on surge in at-home viewing
(Reuters) - Netflix Inc added more paid subscribers than expected in the second quarter as audiences bound to their homes due to the COVID-19 restrictions binge watched its shows in the absence of live events and movie theaters. Netflix said on Thursday it added 10.09 million paid subscribers globally during the quarter ended June 30 compared with analysts' estimates of 8.07 million, according to research firm Refinitiv.
(Reuters) - Netflix Inc
Netflix said on Thursday it added 10.09 million paid subscribers globally during the quarter ended June 30 compared with analysts' estimates of 8.07 million, according to research firm Refinitiv. (https://bit.ly/2DQW1n9)
The streaming giant also said it has appointed Chief Content Officer Ted Sarandos as co-chief executive officer.
(Reporting by Neha Malara and Lisa Richwine in Los Angeles; Editing by Arun Koyyur)
This story has not been edited by Firstpost staff and is generated by auto-feed.
By Robin Emmott and John Irish | BRUSSELS/PARIS BRUSSELS/PARIS France and Germany will agree to a U.S. plan for NATO to take a bigger role in the fight against Islamic militants at a meeting with President Donald Trump on Thursday, but insist the move is purely symbolic, four senior European diplomats said.The decision to allow the North Atlantic Treaty Organization to join the coalition against Islamic State in Syria and Iraq follows weeks of pressure on the two allies, who are wary of NATO confronting Russia in Syria and of alienating Arab countries who see NATO as pushing a pro-Western agenda."NATO as an institution will join the coalition," said one senior diplomat involved in the discussions. "The question is whether this just a symbolic gesture to the United States
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