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Joe Exotic And Coronavirus Give Netflix A Boost
Netflix gained 16 million new subscribers in the first quarter of the year, thanks in part to coronavirus and Joe Exotic. (John Horn/LAist)
It’s no secret that we’re spending a lot more time streaming entertainment these days.
The average American is now watching about 8 hours of streaming content every day, double from before the pandemic. And one beneficiary of that surge is Netflix.
The company released its first quarter results today. And, like the animals in “Tiger King,” Netflix made a killing.
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You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
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