Netflix logs $10.5 billion in global revenue during Q1
Q1 revenue was 12.5 percent higher when compared to last year, and 3 percent higher on a sequential basis; Netflix is forecasting further revenue and subscriber growth in Q2.
Netflix
Netflix ($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.
Nielsen: March Madness boosts traditional TV viewing over streaming
The annual men’s college basketball tournament drew sizable audiences to CBS and TNT, with the cable TV sector benefitting the most.
Netflix expands availability of subtitles in original content
Netflix will make it easier for streamers to watch international content by adding support for subtitles in more than 30 languages.
Looper: Streamers shrug off sports on apps
Most TV fans surveyed by the data analytics firm said sports weren’t a determining factor in staying with or churning out of a streaming service.
NFL will stream Christmas Day game on Amazon’s Prime Video
Netflix and Amazon’s Prime Video will share distribution rights to three National Football League (NFL) games played on Christmas Day, the league confirmed on Tuesday.
Hub: Streamers split on whether NFL makes Netflix more attractive
Streamers are near-evenly divided over wither Netflix’s distribution of NFL games on Christmas made them more or less likely to subscribe or keep their memberships active.
Parks: Most fans keep sports streaming subscriptions active during off-season
As more sports moves to streaming, fans are growing comfortable — and satisfied — with the available options to watch their favorite teams.
Hub: Streaming surpasses cable as sports platform of choice
More sports fans say they’re willing to buy an SVOD service to watch live games, displacing broadcast and cable networks in Hub’s annual report.
Ampere: Streaming revenue surpasses public TV in Europe
Public service broadcasters are seeing viewership and revenue shift toward premium services like Netflix and Prime Video, but their on-demand platforms are still popular.
Antenna: Bundles help SVOD services manage subscription churn
Streaming services are gaining a better handle on churn by offering lower-priced, ad-supported tiers and by bundling with other services, according to a new report from Antenna.
Netflix content officer expresses interest in Sunday football rights
A Netflix executive is hoping the company gets Sunday afternoon games from the NFL, but one of the company’s co-CEOs says full season rights could be a complicated endeavor.
Dataxis: Ad-supported streaming plans taking off in Europe
More Europeans are streaming content with ads on services like Netflix, Disney Plus and Amazon’s Prime Video, according to new research from Dataxis.