Netflix adds 4.4 million subscribers, praises ‘Squid Game’
3 years, 2 months ago

Netflix adds 4.4 million subscribers, praises ‘Squid Game’

CNN  

New York CNN Business — Netflix now has 213.5 million subscribers globally, having added 4.4 million subscribers in the third quarter of 2021, the company reported on Tuesday. “There is no better example of this than ‘Squid Game.’” The company announced earlier this month that the dystopian series, in which contestants desperately in need of money play deadly children’s games to win cash prizes, was it’s “biggest-ever series at launch.” The company said Tuesday that 142 million member households have watched the show in its first four weeks. Elsewhere in the earnings report, Netflix reported that it added roughly 70,000 subscribers in the US and Canada — an improvement from the second quarter’s loss, but only up about 1 million subscribers from last year’s totals in those countries. Case in point: the company’s biggest growth in the third quarter was in the Asian-Pacific region, which accounted for roughly half of Netflix’s gains.

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With ‘Squid Game 2’ and ‘The Leopard,’ Netflix doubles down on international appeal
1 month ago

With ‘Squid Game 2’ and ‘The Leopard,’ Netflix doubles down on international appeal

LA Times  

Is Netflix a universal language? The list includes the much anticipated sequel to the violent Korean-language drama “Squid Game,” Netflix’s most watched show ever; “The Leopard,” an Italian story about a prince in the 1860s; and the third season of the Japanese series “Alice in Borderland.” Another ambitious project: the first-ever TV adaptation of the classic novel “One Hundred Years …

Netflix says ad-supported plan now has 70 million monthly active users
1 month, 1 week ago

Netflix says ad-supported plan now has 70 million monthly active users

LA Times  

Baltimore Ravens quarterback Lamar Jackson in action during the first half of an NFL football game against the Tennessee Titans in 2020 in Baltimore. Netflix said Tuesday that it had reached 70 million monthly active users on its ad-supported plan, two years after launching its cheaper subscription tier that includes commercials. Netflix said it had sold out of the in-game …

Netflix adds 5 million subscribers and beats Wall Street’s profit expectations
2 months, 1 week ago

Netflix adds 5 million subscribers and beats Wall Street’s profit expectations

LA Times  

Lily Collins as Emily clutches Lucas Bravo as Gabriel in an episode of Netflix’s “Emily in Paris.” Streaming giant Netflix has proved there are still legs left in its membership growth, reporting 5 million new subscribers in its third quarter for a total of 282.7 million global members. Netflix’s performance in the third quarter was buoyed by original programming, including …

Netflix’s subscriber and earnings growth on the rise as password-sharing crackdown pays off
5 months ago

Netflix’s subscriber and earnings growth on the rise as password-sharing crackdown pays off

The Hindu  

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup. Given that the competition in video streaming seems to be ramping up again, Investing.com analyst Thomas Monteiro called “the lowering of guidance an intelligent strategy for keeping excitement put …

Netflix’s subscriber and earnings growth gather more momentum as password-sharing crackdown pays off
5 months ago

Netflix’s subscriber and earnings growth gather more momentum as password-sharing crackdown pays off

Associated Press  

Netflix’s subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freeloading viewers, an expansion into advertising and an acclaimed programming lineup. Given that the competition in video streaming seems to be ramping up again, Investing.com analyst Thomas Monteiro called “the lowering of guidance an intelligent strategy for keeping excitement put …

Netflix Sees Biggest Drop In User Addition As Password Sharing Issues Take A Toll
5 months, 1 week ago

Netflix Sees Biggest Drop In User Addition As Password Sharing Issues Take A Toll

News 18  

– Netflix likely added the fewest number of subscribers in five quarters during April-June as sharp gains following a crackdown on password sharing ebbed and viewer attention moved to summer sporting events including the Euro soccer tournament. Netflix's original shows such as the historical romance "Bridgerton" and the limited series "Baby Reindeer" – based on comedian Richard Gadd's experience with …

Netflix Had a Password-Sharing Problem. Greg Peters Fixed It
7 months, 1 week ago

Netflix Had a Password-Sharing Problem. Greg Peters Fixed It

Bloomberg  

In mid-February, Greg Peters, the co-CEO of Netflix, strode onstage at the Hollywood Palladium, an art deco concert venue in Los Angeles, to deliver a pep talk to what the company calls its New Employee College. Dressed in a button-down shirt and white zip-up sweater, Peters, lanky with striking green eyes, gave a summary of Netflix’s history before analyzing the …

Netflix wants us to stop obsessing over subscriber numbers. What that says about the company
8 months ago

Netflix wants us to stop obsessing over subscriber numbers. What that says about the company

LA Times  

If you run a streaming service and you want Wall Street analysts and investors to stop caring so much about your subscriber numbers, you have a couple of options. Instead, Netflix would prefer that the market judge its business based on metrics including sales and free cash flow, which is a better indicator of the company’s overall health. And if …

Netflix now has nearly 270 million subscribers after another strong showing to begin 2024
8 months ago

Netflix now has nearly 270 million subscribers after another strong showing to begin 2024

Associated Press  

Netflix gained another 9.3 million subscribers to start the year while its profit soared with the help of a still-emerging expansion into advertising, but caught investors off guard with a change that will make it more difficult to track the video streaming service’s future growth. The strategy resulted in Netflix adding 30 million subscribers last year — the second largest …

How Netflix survived the streaming wars to stay the subscription video king
9 months, 2 weeks ago

How Netflix survived the streaming wars to stay the subscription video king

LA Times  

Four years ago, Netflix was faced with a formidable challenge to its dominance. “Their competitors are so desperate to make money, they’re giving this content to Netflix,” said Jeffrey Wlodarczak, chief executive of Pivotal Research Group. In January, the streamer announced it would become the exclusive host to WWE’s weekly pro wrestling show “Raw” in 2025, which analysts say will …

Netflix to remove its cheapest ad-free subscription – as password crackdown pays off
11 months ago

Netflix to remove its cheapest ad-free subscription – as password crackdown pays off

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The holiday season gains - the biggest Netflix has posted in the fourth quarter - exceeded the …

Netflix’s gains 13M new global 4Q subscribers as it unwraps its best-ever holiday season results
11 months ago

Netflix’s gains 13M new global 4Q subscribers as it unwraps its best-ever holiday season results

Associated Press  

SAN FRANCISCO — Netflix registered its third-consecutive quarter of accelerating subscriber growth in the final three months of 2023, closing out a comeback year that included a crackdown on viewers freeloading on the video-streaming service and a smattering of price hikes. Netflix signaled it will try to justify the higher subscription prices — and perhaps reel in more advertisers to …

Netflix says its ad-supported plan now has 15 million monthly active users
1 year, 1 month ago

Netflix says its ad-supported plan now has 15 million monthly active users

LA Times  

Netflix says its ad-supported tier has increased to 15 million global monthly active users a year after the plan’s launch. Netflix on Wednesday said its ad-supported tier has increased to 15 million global monthly active users a year after the plan’s launch, triple the amount that the Los Gatos, Calif.-based streaming video giant disclosed in May. Monthly active users would …

Netflix's password-sharing crackdown reels in subscribers as it raises prices for its premium plan
1 year, 2 months ago

Netflix's password-sharing crackdown reels in subscribers as it raises prices for its premium plan

The Hindu  

Netflix on Wednesday disclosed summertime subscriber gains that surpassed industry analysts’ projections, signaling the video streaming service’s crackdown on password sharing is converting former freeloaders into paying customers. This year’s subscriber inroads have been made despite entertainment labor strife centered in part on writers’ and actors’ complaints about unfairly low payments doled out by video streaming services such as Netflix. …

Netflix’s password-sharing crackdown reels in subscribers as it raises prices for its premium plan
1 year, 2 months ago

Netflix’s password-sharing crackdown reels in subscribers as it raises prices for its premium plan

Associated Press  

SAN FRANCISCO — Netflix on Wednesday disclosed summertime subscriber gains that surpassed industry analysts’ projections, signaling the video streaming service’s crackdown on password sharing is converting former freeloaders into paying customers. The $15.50 per month price for Netflix’s most popular streaming option in the U.S. will remain unchanged, as will a $7 monthly plan that includes intermittent commercials. This year’s …

Netflix adds 9 million subscribers in third quarter despite Hollywood strikes
1 year, 2 months ago

Netflix adds 9 million subscribers in third quarter despite Hollywood strikes

LA Times  

A fighting scene from the Netflix series “One Piece,” which was released in the third quarter. Netflix added 9 million subscribers during the third quarter, the Los Gatos, Calif., streaming video giant said Wednesday, citing popular original shows and older licensed content, as well as the company’s crackdown on password sharing and its budding advertising business. During the third quarter, …

Netflix UK sales grow as it gains more and higher-paying subscribers
1 year, 2 months ago

Netflix UK sales grow as it gains more and higher-paying subscribers

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Netflix UK has revealed its …

Netflix signups remain high, fuelled by password-sharing crackdown
1 year, 4 months ago

Netflix signups remain high, fuelled by password-sharing crackdown

The Hindu  

Signups for Netflix in the United States remain elevated despite a fall from June's record high after the video-streaming pioneer's crackdown on shared passwords came into effect in May, according to data from research firm Antenna. Attracting new subscribers and retaining old ones has become a tough task in the last few years as customers now have a surfeit of …

Netflix’s subscriber growth surge signals that password sharing crackdown is paying off
1 year, 5 months ago

Netflix’s subscriber growth surge signals that password sharing crackdown is paying off

The Hindu  

Netflix enjoyed its biggest springtime spurt in subscribers since the early days of the pandemic three years ago, providing the latest sign that a recent crackdown on password sharing and the rollout of a cheaper subscription option are paying off. Money manager Louis Navellier said Netflix now appears “locked and loaded” again after going through a turbulent stretch that included …

Netflix’s subscribers surge after password-sharing crackdown
1 year, 5 months ago

Netflix’s subscribers surge after password-sharing crackdown

Al Jazeera  

Streaming giant says it added nearly 6 million customers after restricting the sharing of accounts between households. Netflix has announced the addition of nearly six million new subscribers following its crackdown on password sharing. Both figures marked an improvement in Netflix’s fortunes compared with the first quarter, when the entertainment company reported 1.75 million new subscribers and a profit of …

Netflix’s subscriber growth surges in a sign that crackdown on password sharing is paying off
1 year, 5 months ago

Netflix’s subscriber growth surges in a sign that crackdown on password sharing is paying off

Associated Press  

SAN FRANCISCO — Netflix enjoyed its biggest springtime spurt in subscribers since the early days of the pandemic three years ago, providing the latest sign that a recent crackdown on password sharing and the rollout of a cheaper subscription option are paying off. Money manager Louis Navellier said Netflix now appears “locked and loaded” again after going through a turbulent …

Netflix adds 5.9 million subscribers. Ted Sarandos says strike ‘not an outcome that we wanted’
1 year, 5 months ago

Netflix adds 5.9 million subscribers. Ted Sarandos says strike ‘not an outcome that we wanted’

LA Times  

Netflix saw a significant boost in new customers, thanks to its crackdown on password-sharing in more than 100 countries including the U.S., as well as its advertising-supported tier. The Los Gatos, Calif.-based streamer added 5.89 million subscribers in the second quarter, after pressuring nonpaying users to sign up for their own plans or risk losing access to their favorite Netflix …

Hollywood Strike: Netflix shielded by global crew, strong pipeline
1 year, 5 months ago

Hollywood Strike: Netflix shielded by global crew, strong pipeline

The Hindu  

Netflix investors will assess risks from the ongoing strike in Hollywood when the company reports quarterly results on Wednesday, but analysts said it was well positioned due to its solid pipeline of shows and international production crew. Netflix's international production capabilities are a "huge differentiator", and a lot of their content comes from countries that are not involved in the …

Netflix expands password-sharing crackdown worldwide
1 year, 7 months ago

Netflix expands password-sharing crackdown worldwide

Deccan Chronicle  

SAN FRANCISCO: Netflix on Tuesday expanded its crackdown on users sharing passwords with people beyond their immediate family as it seeks to shore up revenue at the leading streaming television service. Netflix said early this year that more than 100 million households were sharing accounts at the service, "impacting our ability to invest in great new TV and films." As …

Netflix to charge an additional $8 month for viewers living outside U.S. subscribers' households
1 year, 7 months ago

Netflix to charge an additional $8 month for viewers living outside U.S. subscribers' households

The Hindu  

Netflix on May 23 outlined how it intends to crack down on the rampant sharing of account passwords in the U.S., its latest bid to reel in more subscribers to its video streaming service as its growth slows. Those who subscribe to Netflix's standard or premium plans— which cost $15.50 to $20 per month— will be able to allow another …

Netflix to charge an additional $8 month for viewers living outside US subscribers’ households
1 year, 7 months ago

Netflix to charge an additional $8 month for viewers living outside US subscribers’ households

Associated Press  

Netflix on Tuesday outlined how it intends to crack down on the rampant sharing of account passwords in the U.S., its latest bid to reel in more subscribers to its video streaming service as its growth slows. Those who subscribe to Netflix’s standard or premium plans — which cost $15.50 to $20 per month — will be able to allow …

Netflix subscribers caught password-sharing to be charged extra
1 year, 7 months ago

Netflix subscribers caught password-sharing to be charged extra

The Telegraph  

Netflix subscribers in the UK who share their accounts with friends and family will face extra charges unless they stop, as the streaming platform prepares to crack down on the practice. The US company is poised to start warning UK customers it suspects of sharing account details that they must stop doing so or move to its new "paid sharing" …

Netflix slashes subscription rates in 116 countries following success in India
1 year, 8 months ago

Netflix slashes subscription rates in 116 countries following success in India

ABP News  

Netflix is revising its subscription rate across 116 counties following similar price cuts in India helped the company to grow user engagement and accelerate its revenue. The company its first-quarter earnings for 2023 said that in India low priced subscriptions saw a 30 per cent growth in customer engagement and 24 per cent revenue growth year-on-year. The OTT giant in …

Netflix cuts DVD-rental business 25 years after it launched the company
1 year, 8 months ago

Netflix cuts DVD-rental business 25 years after it launched the company

Daily Mail  

Netflix is saying goodbye to physical DVDs 25 years after its mail service disrupted the movie rental industry irrevocably. 'Those iconic red envelopes changed the way people watched shows and movies at home — and they paved the way for the shift to streaming,' a Netflix statement reads. After 25 years, Netflix is saying goodbye to the feature that made …

Netflix reports mixed earnings as password crackdown set to expand
1 year, 8 months ago

Netflix reports mixed earnings as password crackdown set to expand

Live Mint  

Netflix Inc beat Wall Street earnings estimates for the first quarter but offered a lighter-than-expected forecast on Tuesday, demonstrating the challenges the mature streaming service faces in its pursuit of growth. Netflix earnings The company began rolling out its solution for password-sharing - offering a "paid sharing" option - in 12 countries in February but is delaying expansion. Netflix also …

Netflix to tighten restrictions on password-sharing
1 year, 8 months ago

Netflix to tighten restrictions on password-sharing

Live Mint  

Netflix is set to crack down on US customers who share their accounts with others, with plans to charge such users, in a move that could see an increase in growth in the latter half of the year. The streaming giant has been testing ways to reduce account sharing in Latin America, where it has already rolled out a plan …

Netflix reports a first-quarter burst in subscriber growth
1 year, 8 months ago

Netflix reports a first-quarter burst in subscriber growth

Associated Press  

SAN FRANCISCO — Netflix began the year with another burst in subscriber growth that eclipsed analysts’ projections for the third consecutive quarter, providing further evidence the video streaming service has regained its momentum after a jarring downturn in customers prompted a shake up. Although the subscriber increase was smaller than Netflix has historically reported for the first quarter, it was …

Sept. 29 Marks The End Of An Era For Netflix
1 year, 8 months ago

Sept. 29 Marks The End Of An Era For Netflix

Huff Post  

LOADING ERROR LOADING SAN FRANCISCO — Netflix is poised to shut down the DVD-by-mail rental service that set the stage for its trailblazing video streaming service, ending an era that began a quarter century ago when delivering discs through the mail was considered a revolutionary concept. The DVD service, which still delivers films and TV shows in the red-and-white envelopes …

Netflix forecast misses Wall Street consensus, shares dip
1 year, 8 months ago

Netflix forecast misses Wall Street consensus, shares dip

Live Mint  

Netflix Inc added fewer new customers than Wall Street expected in the first quarter and offered a forecast below analyst estimates for the next three months as it delayed a broader launch of its password-sharing crackdown. Revenue and earnings for the first quarter, revealed in an earnings report on Tuesday, came in roughly in line with Wall Street expectations, according …

Netflix to end DVD-by-mail business. Execs explain ‘Love Is Blind’ snafu
1 year, 8 months ago

Netflix to end DVD-by-mail business. Execs explain ‘Love Is Blind’ snafu

LA Times  

Netflix’s DVD-by-mail service is coming to an end. “Our goal has always been to provide the best service for our members but as the business continues to shrink that’s going to become increasingly difficult,” Netflix co-Chief Executive Ted Sarandos wrote in a blog post. Popular Netflix series in the first quarter include action thriller “The Night Agent,” which has drawn …

Disney lays off 7,000 as streaming subscribers decline
1 year, 10 months ago

Disney lays off 7,000 as streaming subscribers decline

Firstpost  

The job cuts follow similar moves by US tech giants dialing back from a hiring spurt that began during the height of the pandemic San Francisco: Entertainment giant Disney said Wednesday it was laying off 7,000 employees, as CEO Bob Iger announced a reorganization of the company he returned to lead last year. “Because things in a very competitive world …

Netflix steps up its effort to get paid for account sharing
1 year, 10 months ago

Netflix steps up its effort to get paid for account sharing

Associated Press  

Netflix has a plan to deal with rampant account sharing: a program that lets subscribers pay extra to share their account with people outside their household. While Netflix won’t say when paid sharing will come to other countries, some version of the plan is expected to be introduced in the U.S. in the next few weeks. “We’ve always made it …

Netflix subscribers will be unable to share password; new co-chief confirms
1 year, 11 months ago

Netflix subscribers will be unable to share password; new co-chief confirms

Hindustan Times  

Netflix Inc. co-founder Reed Hastings steps down as CEO after leading the company for more than two decades; he is succeeded by two long-time associates, Ted Sarandos and Greg Peters. Peters, the new co-CEO confirmed that the vast majority of Netflix subscribers who use the service but do not pay for it will be forced to do so in the …

Netflix’s 4Q subscribers surge, long-time CEO passes baton
1 year, 11 months ago

Netflix’s 4Q subscribers surge, long-time CEO passes baton

Associated Press  

Netflix’s subscriber growth is surging again, providing an early sign that its shift to include ads in a cheaper version of its video streaming service is helping to combat tougher competition and attract cost-conscious customers grappling with inflation. “Frankly, more and more, they have already been leading the company.” Insider Intelligence analyst Paul Verna interpreted the new leadership as another …

Netflix Likely to Stop Password-Sharing Feature in 2023, Details Here
1 year, 11 months ago

Netflix Likely to Stop Password-Sharing Feature in 2023, Details Here

The Quint  

According to estimates put forward by the company, over 100 million Netflix viewers watch shows and movies on the streaming service app or website using passwords borrowed from friends and family. Netflix has started testing their feature of additional fees for password sharing in a few Latin American countries and they are charging around $3 extra. As per the plans, …

Netflix nights still come wrapped in red-and-white envelopes
2 years ago

Netflix nights still come wrapped in red-and-white envelopes

Associated Press  

SANTA CRUZ, Calif. — Netflix’s trailblazing DVD-by-mail rental service has been relegated as a relic in the age of video streaming, but there is still a steady — albeit shrinking — audience of diehards like Amanda Konkle who are happily paying to receive those discs in the iconic red-and-white envelopes. “When you open your mailbox, it’s still something you actually …

Netflix confirms it will ask users to pay extra if they share their password with friends
2 years, 1 month ago

Netflix confirms it will ask users to pay extra if they share their password with friends

India Today  

Netflix took a sigh of relief after recording 2.4 million new subscribers in the third quarter of 2022. Meanwhile, Netflix has also introduced the new migration tool for users who don't want to pay the extra fee. The Migration tool "lets people using your account transfer a profile - keeping the personalized recommendations, viewing history, My List, saved games, and …

Netflix targets global TV ad market as next business to disrupt
2 years, 2 months ago

Netflix targets global TV ad market as next business to disrupt

The Hindu  

Netflix Inc. upended the global entertainment industry about a dozen years ago with a streaming video service that rendered network television programming schedules and movie screening times all but irrelevant. Netflix Co-Chief Executive Reed Hastings said that insight dawned on him after listening recently to former Disney CEO Bob Iger describe traditional TV as marching toward a precipice. Chief Financial …

Netflix rebounds from recent subscriber losses with 3Q gain
2 years, 2 months ago

Netflix rebounds from recent subscriber losses with 3Q gain

Associated Press  

SAN FRANCISCO — Netflix reversed its recent subscriber losses with a summertime gain that management is hoping to build upon with the upcoming launch of a cheaper version of the video streaming service that will include ads for the first time. Netflix now boasts 223 million subscribers, enabling the company to at least temporarily reclaim the mantle as the world’s …

Netflix gains 2.4 million subscribers, reversing losses
2 years, 2 months ago

Netflix gains 2.4 million subscribers, reversing losses

CBS News  

Netflix reversed its recent subscriber losses with a summertime gain that management is hoping to build upon with the upcoming launch of a cheaper version of the video streaming service that will include ads for the first time. The Los Gatos, California, company disclosed Tuesday that it picked up 2.4 million subscribers during the July-September period, a comeback from a …

Netflix sets $7 monthly price for its ad-supported service
2 years, 2 months ago

Netflix sets $7 monthly price for its ad-supported service

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Netflix sets $7 monthly price for its ad-supported service
2 years, 2 months ago

Netflix sets $7 monthly price for its ad-supported service

Associated Press  

SAN RAMON, Calif. — Netflix next month will unveil the first version of its video streaming service with ads, giving cost-conscious viewers a chance to watch most of its shows at a steep discount in exchange for putting up with commercial interruptions. Netflix’s ad-supported option will also be rolling out in Australia, Brazil, Canada, France, Germany, Italy, Japan, Korea, Mexico, …

Netflix Update: Streaming giant adds 11 lakh paid subscribers in Asia-Pacific- Know more
2 years, 5 months ago

Netflix Update: Streaming giant adds 11 lakh paid subscribers in Asia-Pacific- Know more

India TV News  

Netflix Update: Streaming giant Netflix added 1.1 million paid subscribers in the Asia-Pacific region in the second quarter this year. The Average Revenue per Membership was -2 per cent, due to the impact of "our price decrease in India last December as well as plan mix," Netflix told shareholders after declaring Q2 results. Netflix in December announced new and reduced …

Netflix loses another 1 million subscribers in just three months
2 years, 5 months ago

Netflix loses another 1 million subscribers in just three months

Hindustan Times  

Netflix Inc said on Tuesday it lost 970,000 subscribers from April through June, averting the worst-case scenario projected by the company, but offered a forecast below Wall Street expectations for the current quarter. Netflix had warned in April that it expected to lose 2 million customers in the current quarter, shocking Wall Street and raising questions about its long-term growth …

Netflix's post-Covid slump continues: Streaming giant loses almost ONE MILLION subscribers
2 years, 5 months ago

Netflix's post-Covid slump continues: Streaming giant loses almost ONE MILLION subscribers

Daily Mail  

Netflix shares remain at historic lows after the US streaming giant shed nearly one million subscribers during the Spring due to its 'woke' content and rampaging inflation hurting millions of cash-strapped families in Europe and North America. Netflix shed 970,000 subscribers in April-June 2022 Though shares rose around 7% after the April-June results were published, they are still 66% down …

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