Streamers need to charge at least $15 a month, Kilar says
Former WarnerMedia CEO Jason Kilar said streaming services need to charge at least $15 a month and have 300 million customers to survive.
Netflix ($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.
Former WarnerMedia CEO Jason Kilar said streaming services need to charge at least $15 a month and have 300 million customers to survive.
Comedian Chris Rock will headline Netflix’s first live-streamed event early next year.
Netflix says it added 2.4 million global subscribers during its most-recent financial quarter, erasing its first-half losses.
Streaming service Netflix says it will roll out a cheaper subscription plan that is supported by advertisements in early November.
New research released by Omdia says most global Netflix customers will use the ad-supported version of the service by 2027.
Netflix is weighing the possibility of launching an ad-supported version of its streaming service as early as November.
A new survey revealed customers are happier with ad-free streaming services compared to ad-supported options — but only slightly.
Most Netflix customers won’t switch from a commercial-free plan to a cheaper, ad-supported one, according to a new Whip Media survey.
Less than 1 percent of Netflix subscribers are regularly using the company’s novelty games, according to a report.
Netflix is starting to offer native subscriptions to its streaming service through an updated version of its Apple app.
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.
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.
Netflix is allowing Kenyans to download their app on Android phones and stream a limited amount of content for free.
A federal lawsuit alleges Netflix ignored warnings that its show “13 Reasons Why” could encourage teenagers to self-harm.
Netflix, Hulu and Amazon Prime Video are the most-used streaming services in 2021, according to a new J.D. Power survey.
A former Netflix executive was convicted on Friday on several criminal charges related to wire fraud and bribery, prosecutors said.
Computer researchers say a fake Netflix app called “FlixOnline” was actually malware designed to hijack WhatsApp accounts on Android devices.
Netflix has inked a new deal with Sony that will allow the streaming service to offer new theatrical releases from the studio.
Netflix has held discussions with several media companies about licensing some of its original programs for airing on linear networks.
The service is telling some viewers that their freeloading days are coming to an end.
The average American household dropped more money on streaming television services in 2020 compared to the previous year.
Netflix says it now has over 200 million global subscribers and doesn’t need to borrow any more money to fuel its growth strategy.
The town joins a growing list of communities seeking to cash in on the success of Netflix and other video providers.
The removal comes at the request of comedian Dave Chappelle.
Angus King is urging Netflix, Amazon, Apple, Hulu, Disney Plus and HBO Max to make their content free over the Christmas holiday.
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 says it is committing $1 billion to Albuquerque and New Mexico and will spur the creation of more than 2,000 local jobs.
The comic’s contract with ViacomCBS didn’t require a licensing payment.
The streaming service is trying to attract more subscribers in one of the biggest TV markets in the world.
ViacomCBS say they’re not worried about offering Comedy Central programming to rival services.
Netflix has ended its free trial offers for American customers, a company spokesperson confirmed on Tuesday.
Netflix has earned more than 160 Emmy nominations, more than any other network or service, according to a press release.
The pseudo-search engine aggregates movies and TV shows from Netflix, Amazon Prime Video and HBO Max.
The pseudo-search engine aggregates movies and TV shows from Netflix, Amazon Prime Video and HBO Max.