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 ($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.
A cheaper, ad-supported version of Netflix won’t have the streaming service’s full content library.
Netflix said it shed more than 970,000 paid subscribers than it gained in the three months ending June 30
Netflix has tapped Microsoft to help power an ad-supported version of its global subscription streaming service
Netflix issued a fresh round of layoffs on Thursday as the company attempts to recover from a dip in paying subscribers.
A rumor that Netflix may be targeting Roku for an acquisition sent the streaming platform’s stock skyrocketing on Tuesday.
Netflix and sports? They have not gone together in the past, but that could change if the streaming service lands Formula 1 broadcast rights.
Around 150 employees at Netflix are being laid off as the company seeks to turn around its bad economic fortunes.
The survey suggests Disney may start cracking down on password sharing in an effort to curb freeloaders.
Officials at Netflix said the company ended with 200,000 fewer subscribers at the end of its most-recent quarter.
The cost of a basic Netflix subscription will soon exceed that of HBO Max and Amazon Prime.