Streamers need to charge at least $15 a month, Kilar says
Former WarnerMedia CEO Jason Kilar said streaming services need to charge at least $15 a month and have 300 million customers to survive.
Netflix
Netflix ($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 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.
Apple allows Netflix to link to external payment website
Netflix is starting to offer native subscriptions to its streaming service through an updated version of its Apple app.
Ad-supported Netflix won’t have full library, exec says
A cheaper, ad-supported version of Netflix won’t have the streaming service’s full content library.
Netflix reports subscriber loss for second straight quarter
Netflix said it shed more than 970,000 paid subscribers than it gained in the three months ending June 30
Microsoft will power ad-supported Netflix service
Netflix has tapped Microsoft to help power an ad-supported version of its global subscription streaming service
Netflix lays off 300 workers after subscriber count dips
Netflix issued a fresh round of layoffs on Thursday as the company attempts to recover from a dip in paying subscribers.
Netflix begins issuing pink slips to employees amid business slowdown
Around 150 employees at Netflix are being laid off as the company seeks to turn around its bad economic fortunes.
Disney could follow Netflix with crackdown on password sharing
The survey suggests Disney may start cracking down on password sharing in an effort to curb freeloaders.
Netflix shares plunge after company reports subscriber losses
Officials at Netflix said the company ended with 200,000 fewer subscribers at the end of its most-recent quarter.
Netflix cost creeps past HBO Max, Prime Video as price increase takes effect
The cost of a basic Netflix subscription will soon exceed that of HBO Max and Amazon Prime.
Netflix tests limited free plan in Kenya
Netflix is allowing Kenyans to download their app on Android phones and stream a limited amount of content for free.
Netflix hit with federal lawsuit over child suicides
A federal lawsuit alleges Netflix ignored warnings that its show “13 Reasons Why” could encourage teenagers to self-harm.
After pandemic peak, consumers stick with streaming
Netflix, Hulu and Amazon Prime Video are the most-used streaming services in 2021, according to a new J.D. Power survey.
Former Netflix executive convicted on bribery, wire fraud charges
A former Netflix executive was convicted on Friday on several criminal charges related to wire fraud and bribery, prosecutors said.
Researchers: Fake Netflix app spreads malware on Android devices
Computer researchers say a fake Netflix app called “FlixOnline” was actually malware designed to hijack WhatsApp accounts on Android devices.
Netflix lands post-theater streaming rights to new Sony films
Netflix has inked a new deal with Sony that will allow the streaming service to offer new theatrical releases from the studio.
Netflix mulls licensing original shows to broadcast, cable networks
Netflix has held discussions with several media companies about licensing some of its original programs for airing on linear networks.
Netflix starts cracking down on password sharing
The service is telling some viewers that their freeloading days are coming to an end.
Americans spend average of $47 a month on streaming services
The average American household dropped more money on streaming television services in 2020 compared to the previous year.
Netflix tops 200 million worldwide subscribers
Netflix says it now has over 200 million global subscribers and doesn’t need to borrow any more money to fuel its growth strategy.
Arkansas city sues Netflix, Disney over video franchise fees
The town joins a growing list of communities seeking to cash in on the success of Netflix and other video providers.
Following Netflix, HBO Max will drop “Chappelle’s Show”
The removal comes at the request of comedian Dave Chappelle.
Senator urges streaming services to make content free
Angus King is urging Netflix, Amazon, Apple, Hulu, Disney Plus and HBO Max to make their content free over the Christmas holiday.
Comcast to place most of “The Office” behind Peacock’s paywall in January
Fans of “The Office” will have to pay up if they want to see and replay every episode of the hit NBC sitcom when it leaves Netflix next month.
Netflix pumps $1 billion into New Mexico production space
Netflix says it is committing $1 billion to Albuquerque and New Mexico and will spur the creation of more than 2,000 local jobs.
Netflix removes “Chappelle’s Show” after appeal from comedian
The comic’s contract with ViacomCBS didn’t require a licensing payment.
Netflix will allow viewers in India to stream for free
The streaming service is trying to attract more subscribers in one of the biggest TV markets in the world.
ViacomCBS doesn’t see licensing content as liability for Paramount Plus
ViacomCBS say they’re not worried about offering Comedy Central programming to rival services.
Netflix ends free trial offer for American subscribers
Netflix has ended its free trial offers for American customers, a company spokesperson confirmed on Tuesday.
Streaming services lead Emmy Award nominations with more than 200
Netflix has earned more than 160 Emmy nominations, more than any other network or service, according to a press release.
“Movie of the Night” helps viewers find new stuff on streaming services
The pseudo-search engine aggregates movies and TV shows from Netflix, Amazon Prime Video and HBO Max.
“Movie of the Night” helps viewers find new stuff on streaming services
The pseudo-search engine aggregates movies and TV shows from Netflix, Amazon Prime Video and HBO Max.