Netflix has more than doubled the number of subscribers it expected in the last three months due to the number of people staying at home during the coronavirus pandemic.

It announced this week that it added 15.77 million new subscribers, when it expected 7 million. The big hit shows for the streaming giant have included Tiger King, which about 64 million subscribers watched, and Love Is Blind, which attracted 30 million.

Ian Guider, markets editor of the Business Post, brought us this story and more in our daily business update, including:

• Bosses at building company CRH will take pay cuts
• RTÉ and Trump Doonbeg are both availing of wage subsidy scheme
• Glanbia withdraws its profits guidance for the year as sales struggle

Listen to the interview in full by pressing the play button on this page.