Updated On: 17 July, 2020 12:13 PM IST | | IANS
The company also promoted Ted Sarandos from chief content officer as co-CEO who will share the top spot with co-founder Reed Hastings

Netflix logo. Pic: AFP
San Francisco: Leading content streaming service Netflix has added 10.1 million new paid subscribers as people stayed home, as the company reported net earnings of $720 million over $6.15 billion in revenue for its second quarter (April-June period).
However, the shares declined nearly 9 per cent in after-hours trading on fears of slow growth in the rest of the year, reports MarketWatch.