Netflix: How much Coronavirus HELPS the Streaming Site

Netflix would benefit from the existence of the Coronavirus, but also from the extension of its period of activity on Earth, here's how much in the end.

netflix coronavirus

Netflix it is the largest streaming platform in the whole world, with over 160 million subscribers being active within it at the moment, and this is constantly changing, in a positive way for it. Whether you want to believe it or not, American analysts are of the opinion that the spread of the Coronavirus globally is helping Netflix, but also many other companies during this period, and this is because of the large number of people who stay at home more.

Netflix benefits from the fact that people stay at home more to protect themselves, or because they are sick, and to occupy their time they spend more hours watching content from the platform. Netflix is ​​not the only company that would benefit from the Coronavirus, analysts say that including Facebook, Amazon, Hulu, HBO, Twitter, etc. would also benefit from more time spent by people at home, on phones or computers.

Netflix: How much Coronavirus HELPS the Streaming Site

Netflix is one of the companies that benefit from the Coronavirus, according to the analysts who spoke with Variety, while many other companies only have to lose from the existence of the virus. Even the big media trusts in the USA believe that they have something to gain from the people who watch their television channels, so not only Netflix has something to gain from this virus that has already scared a lot of people.

“Netflix is ​​an obvious beneficiary if consumers stay home due to concerns about the coronavirus (COVID-19 virus), and this has been reflected in the sizeable performance of the share price this week. If the contagion has become more widespread internationally, but without panic, more people are more likely to seek entertainment options at home…”

Netflix he did not comment in any way on the analysts' opinions, and that is perfectly normal because he does not want to appear to be a company that is profiting from a problem like the one brought by the Coronavirus. Of course, if she comments or not, it matters less, and that's because in the end it's important for her how many people actually watch the movies and series she makes, and the viewing figures could increase constantly in the next period.

Netflix in the last year, it registered a very large increase in the number of subscribers it has globally, and it is preparing investments of 20 billion dollars, plus hundreds of new films and series.