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.
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.
Chris Rock to headline Netflix’s first live event
Comedian Chris Rock will headline Netflix’s first live-streamed event early next year.
Netflix director abruptly resigns from company’s board
A member of Netflix’s board of directors is resigning less than four years into his tenure, according to reports.
Netflix adds 2.4 million subscribers, reversing losses
Netflix says it added 2.4 million global subscribers during its most-recent financial quarter, erasing its first-half losses.
Netflix sets November date for debut of ad-supported tier
Streaming service Netflix says it will roll out a cheaper subscription plan that is supported by advertisements in early November.
Research firm sees ad-supported Netflix dominating by 2027
New research released by Omdia says most global Netflix customers will use the ad-supported version of the service by 2027.
Netflix mulls early release date for ad-supported tier
Netflix is weighing the possibility of launching an ad-supported version of its streaming service as early as November.
Customers slightly more satisfied with ad-free options, survey reveals
A new survey revealed customers are happier with ad-free streaming services compared to ad-supported options — but only slightly.
Survey: Most Netflix customers likely to stick with no-ads option
Most Netflix customers won’t switch from a commercial-free plan to a cheaper, ad-supported one, according to a new Whip Media survey.
Netflix subscribers appear to shun service’s games
Less than 1 percent of Netflix subscribers are regularly using the company’s novelty games, according to a report.
