Netflix’ Hastings Mulls Offering Lower Priced Tier As Sub Count Drops
Neflix CEO Reed Hastings made some interesting disclosures Tuesday in the company’s Q1 financial reporting, including a loss of 200,000 net subscribers, addressed by some moves to support profitability. With the Q1 subscriber drop-off, the company said its current worldwide subscriber count now stands at…
Netflix Introduces Double Thumbs Up Button To Better Gauge Show Popularity
Looking for more data on the kinds of programming that its subscribers prefer the most, Netflix has introduced a Double Thumbs Up tool. Netflix viewers will now find the new option next to the Thumbs Up and Thumbs Down buttons in the Netflix app on…
JustWatch: HBO Max Made Big Market Share Strides With U.S. Viewers In Q1
Netflix, Prime Video, HBO Max and Disney+ were the big four market share winners among U.S. subscription video on demand (SVoD) streaming services for the first quarter of 2022, but HBO Max gained the most with U.S. users of the JustWatch content search service. Netflix…
Netflix Acquires Gaming Developer Boss Fight Entertainment
Netflix announced Thursday that it has acquired Boss Fight Entertainment, the mobile game development studio behind the popular Dungeon Boss title. Terms of the deal were not disclosed. The gaming developer, which is headquartered in Allen, Texas, will continue to operate out of its current…
Netflix Tests Methods Of Surcharge Implementation For Subscription Sharers
Netflix revealed this week that its is testing in certain Latin American countries a method of dealing with password sharing on the subscription video on demand service, including a new means of handing sharing surcharges. The move comes as the next steps in the streaming…
Netflix Halts Streaming Service In Russia
Netflix took an about face Monday in its plans to continue to move forward with its service in Russia, and has suspended streaming there in the wake of the ongoing military actions in Ukraine. In a statement Monday, the company said “Given the circumstances on…
Streaming Services Take Steps To Counter `Russian Propaganda’
The conflict in Ukraine entered the streaming services arena this week with word that Netflix and YouTube will remove any content they deem to be “Russian propaganda” from their services in certain regions. Netflix — which launched in Russia just over a year ago and…
Netflix Q4 Financial Report Shows Weaker Subscriber Additions
Netflix reported its subscriber base grew to 222 million in 2021, missing projections, as it sees interest from newcomers waning compared to the previous Covid-19-induced surge. The world’s largest streaming video service said it added 18.2 million subscribers in total last year, which is about…
Stay connected