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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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Right now, LAist has lost $1.7M in annual funding due to Congress clawing back money already approved. The support we receive from readers like you will determine how fully our newsroom can continue informing, serving, and strengthening Southern California.
If this story helped you today, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
Your tax-deductible donation keeps LAist independent and accessible to everyone.
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