The Pigeon Express
Disney will launch a new ad-supported streaming service in the United States in December, as it overtakes Netflix in the race for paid subscribers. The firm reported 221.1 million subscribers across its three streaming platforms at the start of July. That put it just ahead of Netflix, which has been losing customers. But Disney warned […]
Netflix lost almost one million subscribers between April and July, as the number of people quitting the service accelerated. But that was not as many as the streaming giant had feared. Asked what may have stopped subscriptions sliding further, the firm’s chief executive, Reed Hastings, said: “If there was a single thing, we might say […]
Netflix is expanding its push to charge people for sharing accounts, as it looks for new ways to make money after years of massive growth. The streaming service said it would ask subscribers in five countries in central and South America to pay an extra $2.99 per month to add a “second home” to their […]
Netflix has teamed up with Microsoft to offer a cheaper subscription plan to customers that will show adverts. The streaming giant says the service will be an “addition” to its existing plans, which do not include adverts. The company has not yet revealed how much it plans to charge subscribers for the new service. Netflix […]
Netflix is laying off 300 employees amid a downward spiral for the streaming giant. “While we continue to invest significantly in the business, we made these adjustments so that our costs are growing in line with our slower revenue growth,” a company spokesperson said on Thursday. “We are so grateful for everything they have done […]
Netflix has hinted it will crackdown on households sharing passwords as it seeks to sign up new members following a sharp fall in subscribers. It was also hit after it raised prices in some countries and left Russia. Pulling out of Russia in March in response to the Ukraine war had cost it 700,000 subscribers. […]
Netflix is raising prices in the United States and Canada, the streaming company said on Friday. In the United States, the subscription price for the standard plan rose $1.50 to $15.49. The basic plan went up $1 to $9.99 and the premium plan increased $2 to $19.99 In Canada, the price for Netflix’s standard plan […]
Netflix has been asked to offer Russian state television channels to its Russian customers, the state media regulator has said. The move follows after the US based streaming service was registered as “audio-visual services” on Tuesday. Roskomnadzor’s register, which was created in late 2020, applies to online streaming services with over 100,000 daily users and […]
Jacqueline Avant, a philanthropist and the wife of music icon Clarence Avant and mother-in-law to Netflix CEO Ted Sarandos, was fatally shot in her home early Wednesday, according to a spokesperson for Netflix. Police suggested Avant may have been targeted. “I don’t think it’s a random attack, but I can’t speculate on that right now,” […]
A gamer who shares her online name with Netflix smash hit Squid Game says she is losing work because of it. Lydia Ellery, 32, said companies are now hesitant to employ her because of her handle and her perceived association with the show, despite the fact she has been known as Squid Game for more […]
South Korean hit Netflix show Squid Game now has its own cryptocurrency. Gamers have created an online version of the programme, for which you need the Squid cryptocurrency to play. On Tuesday, it was worth a modest 1 cent, but by Friday it had exploded in value, reaching $4.39. But Squid has been criticised for not […]
About 100 people protested outside Netflix’s headquarters over the airing of a comedy special by Dave Chappelle, which they say was transphobic.Netflix staff and transgender activists staged the walkout outside the streaming giant’s Los Angeles offices.Demonstrators called on Netflix to fund more trans and non-binary talent, and other measures to avoid “transphobia and hate speech”.Ahead […]