Netflix expected to prohibit password sharing by March
Netflix is expected to roll out a broader crackdown on password sharing in March, a move that could convince some freeloaders to pay for an account.
Netflix
Netflix ($NFLX) is an international, subscription-based television and movie service based in Los Gatos, California. The company operates a global streaming service with thousands of TV shows and movies, including some originals, as well as a direct-to-home DVD rental service. As of January 2023, the company had over 231 million subscribers worldwide.
Key Data:
- 231 million subscribers globally
- 74.296 million subscribers in the U.S. & Canada
- ARPU: $16.23 (U.S. & Canada), $10.66 (global)
- Base tier cost: $15.50 per month (U.S.)
(Source: Company earnings report, updated January 19, 2023)
Netflix execs say no intent to license content
Netflix won’t license original programs to other streaming services as part of a broader revenue play, the company’s new co-CEOs affirmed.
Reed Hastings steps down as Netflix co-CEO
Netflix founder Reed Hastings says he has resigned his position as the company’s co-chief executive officer.
Nielsen to measure Netflix audiences in three countries
Nielsen will provide audience measurement services to Netflix for its business across the United States, Mexico and Poland.
Viewpoint: I’m done with streaming, and going back to DVDs
Android Authority writer Robert Triggs said the constant price increases coupled with shifting content availability has convinced him to ditch streaming for an older media platform.
Netflix to stream SAG Awards in 2024
Netflix has clinched the live-streaming rights to the Screen Act Guild Awards, starting in 2024.
Netflix to spend $850 million on New Jersey production complex
Netflix will spend $55 million to acquire part of a former military base in New Jersey for a production complex.
Verizon offers free Netflix to some customers
Verizon is offering a free year of Netflix to customers who sign up for another service through their new streaming marketplace.
Streamers need to charge at least $15 a month, Kilar says
Former WarnerMedia CEO Jason Kilar said streaming services need to charge at least $15 a month and have 300 million customers to survive.
Alan Wolk: Can media companies thrive on streaming alone?
While media companies are pushing hard into the streaming arena, they’re still generating revenue from a dying industry: Cable and satellite.
