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Netflix has more than the number of new subscribers it thought it would get this year. Netflix makes movies and TV shows, and a service for subscribers to these online. The streaming giant said 15.77 million new subscribers up for its services in the past three months. It an increase of around half this number. The doubling of subscriptions due to the coronavirus pandemic. Millions of people are at home and are their free time by films and TV programmes. Netflix is now one of the world's most valuable companies. It is worth more than the oil giant ExxonMobil. Financial analysts its value is around $196 billion.

A Netflix official said the surge in membership numbers probably temporary. The rate of new memberships would probably down and return to normal after lockdowns end. The company said: "We viewing to decline and membership growth to [slow down] as home confinement ends, which we is soon." It added: "The coronavirus has every corner of the world and, in the absence of a widespread treatment or vaccine, no one how or when this terrible crisis will . We are aware that we are fortunate to a service that is even more meaningful to people at home." The company to start producing more new shows in the near future