Netflix has reported soaring profits as subscriptions surged by almost 16 million at the streaming television service during lockdowns to slow the spread of the coronavirus pandemic. "After record subscriber additions, Netflix is and will continue to be the media company least impacted by COVID-19," said eMarketer forecasting analyst Eric Haggstrom. "Their business is a near perfect fit to a population that is suddenly housebound." Netflix made a profit of $709 million on revenue of $5.8 billion in the first three months of this year, while the number of paid subscribers grew by 15.7 million from the previous quarter to total nearly 183 million, according to earnings figures.