PALO ALTO, U.S. -- Netflix reported a record spike in subscriptions in the first quarter this year, with 15.8 million new users signing up for its paid membership. The U.S. streaming service provider attributed the uptick partly to the coronavirus pandemic, which has left a large part of the world's population confined at home with limited entertainment options.
However, Netflix also warned investors of a potential slowdown down the road, as the coronavirus-driven growth might not be sustainable.
