In its Q2 2020 results report, Netflix officially announced it has recorded 36.07 million subscribers in Latin America. The figure means 1,752 million customers more than the 34.3 million with which the platform ended Q1 2020, and just over 8.1 million in relation to the end of Q2 2019. In addition, Red Hastings, CEO at Netflix, announced the appointment of Ted Sarandos, current CCO of the company, as its new co-CEO.
The report states that, at the end of Q2 2020, the UCAN region (US and Canada) was the one with the highest number of Netflix subscribers, with 72.9 million; followed by the EMEA region (Europe, the Middle East and Africa), with almost 61.5 million; Latin America with the already mentioned 36.07 million; and the APAC region (Asia-Pacific), which recorded about 22.5 million.
Netflix has also mentioned some of the content chosen by subscribers during the Coronavirus pandemic. The platform highlighted international productions, including the Mexican ‘Control Z’; ‘Dark’ (Germany); ‘Extracurricular’ (Korea); ‘The Woods’ (Poland), and ‘Blood & Water’ (South Africa), in addition to the launch of the fourth season of ‘La Casa de Papel’, which took place last April 3rd and, through its first 28 days, 65 million households chose to watch this hit show globally.
Hastings also highlighted Netflix’s intention to resume original content productions, which was stopped due to the Coronavirus pandemic. However, this process will be slower in the US. ‘While we recently resumed production on two films in California and two stop-motion animation projects in Oregon and expect some more of our US productions to get going this quarter, current infection trends create more uncertainty for our productions in the US’, explained the executive. ‘Parts of the world like India and some of Latin America are also more challenging, and we are hoping to restart later in the year in these regions’, he added.