Coronavirus Effect: OTT gains immensely in lockdown, Netflix gets more than 15 million subscribers

Publish Date: Wed, 22 Apr 2020 01:37 PM (IST)

New Delhi Coronavirus Effect: Corona virus poses problems to the whole world. The whole world has suffered huge losses not only in the health sector but also on the economic fronts. But online digital platforms are benefiting from this Kovid-19 most. You can guess this way that in just three months Netflix subscribers have grown twice the expectations.

Two times Netflix subscription

According to a report published in The Guardian, online streaming giant Netflix announced on Tuesday that it had benefited from expectations over the quarter. Netflix said, "15.77 million or more than 15 million paid subscribers have increased in the last three months beyond expectations." At the same time, Netflix was expecting just 7 million. At the same time, around 64 million people have watched the Tiger King documentary during this epidemic lockdown. Netflix's original film Suspensor Confidential was viewed by 85 million viewers.

Also read- Coronavirus Effect On OTT: AltBalaji's exit in lockdown, growing business and subscribers every day

Netflix's Head of Broadcast at Total Media Mehir Shah said that the corona virus epidemic will have a long-term impact on Netflix. He said that the challenge before us is how long can we deliver a new series without new production? With this, we will also have to grapple with the challenges of closed production. Let us tell you that after the shooting stops, Netflix has also created a $ 100 million fund to help the artists.

Alt Balaji also benefited tremendously

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Apart from Netflix, Indian OTT platform Alt Balaji informed that there has been a tremendous increase in subscribers. Alt Balaji CEO and Group COO Nachiketa Pantwadia, in an interaction with CNBC, claimed that on an average, 17000 new subscribers are added every day. Presently 1.7 million active subscribers are connected to this digital platform.

1: Rajat Singh

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Linda Hopkins

Linda is one of the oldest contributors to Sunriseread. She has a unique perspective with regards to business and technology. She aims to empower the readers with the delivery of well-written news pieces, and most importantly, she always tries to bring the news quicker to the readers.

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