US Most-Subscribed YouTube Channel 'Cocomelon' Coming To Netflix In June

Netflix Inc. NFLX will be streaming the first season of "Cocomelon" starting June 1, MarketWatch reported.

Cocomelon, which creates video content for children, started streaming on YouTube back in 2006 before the video-sharing platform was acquired by Alphabet Inc. GOOGL GOOG.
The show has grown to be the most-subscribed YouTube channel in the United States and the third most-subscribed in the world after India's T-Series and Sweden's PewDiePie.

Netflix Price Action

Cocomelon producer Treasure Studio Inc. announced last week that the show was going to stream on Roku Inc.'s ROKU online streaming platform.

The streaming video-on-demand platforms have seen a surge in paid subscriptions and viewership during the novel coronavirus (COVID-19) pandemic, as authorities across the globe imposed lockdowns to curb the spread of the deadly virus.

Netflix shares closed 1.6% lower at $429.32 on Friday and inched further lower in the after-hours session at $428.60. The company's stock is up 32.7% year-till-date.

Image Credit: Courtesy of Cocomelon.