Coronavirus and its Impact on Netflix

Recently, Netflix released its first-quarter results. In the first quarter of 2020, the number of subscribers increased by more than 15 million. It is worth mentioning that, Netflix plans to spend millions of dollars to support the TV and film industry. Importantly, the company plans to allocate $150 million for that purpose. Moreover, Netflix wants to spend $100 million ut of $150 million, to assist employees, who work in this industry.

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