NEW YORK – Netflix added a flood of new subscribers amid the coronavirus pandemic and also offered clues to a possible successor for founding CEO Reed Hastings, who on Thursday named the company's chief content officer, Ted Sarandos, as co-CEO.“Ted has been my partner for decades.
This change makes formal what was already informal — that Ted and I share the leadership of Netflix,” said Hastings in a statement.The company picked up 10.1 million worldwide subscribers during the April-June period, more than triple what it usually adds in that period.The increase announced Thursday with Netflix’s second-quarter earnings eclipsed the gain of 8.3 million subscribers projected among analysts polled by FactSet.