Netflix Inc. continued to be a beneficiary of the shelter-in-place world with the streaming giant beating its forecast for new subscribers as it named programming chief Ted Sarandos co-chief executive.

The company on Thursday reported 10.1 million net new subscribers, a gain that surpassed the 7.5 million Netflix had projected for the second quarter earlier this year. The increase is less than the company’s gain for the first quarter, when it added about 16 million customers as economies and people began locking down amid…

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