Scripted drama execs depart AMC Networks for Netflix
The move comes as AMC Networks pulls back on content spending with a focus on making more hit series.
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.
The move comes as AMC Networks pulls back on content spending with a focus on making more hit series.
Netflix is cracking down on password sharing, telling freeloaders to pay for their own account or get lost.
Executives say the strategy will likely lead to a dip in subscribers, but is better for the company over the long term.
A crackdown on password sharing in Latin America caused Netflix to lose paid customer relationships there.
Netflix is ending its DVD-by-mail rental business after nearly 25 years, the company affirmed on Tuesday.
Streaming service Netflix still hasn’t offered information about how it intends to crack down on password sharing among customers in the United States.
An online retailer that sold illegal access to Netflix and Disney Plus allowed personal information of 600,000 customers to leak online.
Federal lawmakers have introduced a proposal that would ban loud ads from appearing on streaming TV services.
A cheaper version of Netflix’s streaming television service is now available to users of Apple TV hardware
Netflix has lowered the cost of its base subscription packages in more than 100 countries, according to a report.
Netflix is expected to roll out a broader crackdown on password sharing in March, a move that could convince some freeloaders to pay for an account.
Netflix won’t license original programs to other streaming services as part of a broader revenue play, the company’s new co-CEOs affirmed.