‘The Witcher’ and ‘The Crown’ boost Netflix profit, but growth slows in U.S.
4 years, 11 months ago

‘The Witcher’ and ‘The Crown’ boost Netflix profit, but growth slows in U.S.

LA Times  

Powered by the popularity of “The Witcher” and “The Crown,” Netflix profits and global growth surged in the fourth quarter, even as the company faced fresh challenges from rival services operated by Walt Disney Co. and Apple. “Netflix ended 2019 on a strong note with new subscriber additions above expectations,” said EMarketer forecasting analyst Eric Haggstrom in a statement. The period included huge film releases for Netflix, among them “The Irishman” from director Martin Scorsese, “Marriage Story” and “The Two Popes.” Eddie Murphy returned to movies in the critically acclaimed “Dolemite Is My Name.” Netflix said more than 21 million member households watched the new season of “The Crown,” up 40% from the second season over the same time period. “Netflix shifting from 70% completion of a movie to ‘watched at least 2 minutes’ to determine watch counts is literally absurd,” Rich Greenfield, a media and technology analyst at LightShed Partners, tweeted.

Netflix Disney Company Quarter Hbo Crown Analyst Million Subscriber  services  quarter  growth  netflix  boost  company  watched  million  subscriber  analyst  crown  slows  disney  witcher  tv  profit

History of this topic

With ‘Squid Game 2’ and ‘The Leopard,’ Netflix doubles down on international appeal
1 month, 3 weeks 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’s subscriber and earnings growth on the rise as password-sharing crackdown pays off
5 months, 3 weeks 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, 3 weeks 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, 3 weeks 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 wants us to stop obsessing over subscriber numbers. What that says about the company
8 months, 2 weeks 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, 3 weeks 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
10 months 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’s gains 13M new global 4Q subscribers as it unwraps its best-ever holiday season results
11 months, 2 weeks 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's subscriber growth surges as streaming service unwraps best-ever holiday season results
11 months, 2 weeks ago

Netflix's subscriber growth surges as streaming service unwraps best-ever holiday season results

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 registered its third-consecutive quarter …

Netflix's great streaming RIP-OFF: Shocking charts reveal how the 'greedy' platform hiked its prices by 14% - just two weeks after the David Beckham documentary scored it a record 3.8 MILLION viewers
1 year, 2 months ago

Netflix's great streaming RIP-OFF: Shocking charts reveal how the 'greedy' platform hiked its prices by 14% - just two weeks after the David Beckham documentary scored it a record 3.8 MILLION viewers

Daily Mail  

The first episode of the four-part series saw 3.8 million watch in under a week Netflix hit the headlines yet again this month, after it announced that it was hiking prices for millions of customers in the UK. The first episode of 'Beckham', released October 4, which sees Posh and Becks reflect on their early romance and marriage, family life …

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 raises prices as it adds 9 million subscribers
1 year, 2 months ago

Netflix raises prices as it adds 9 million subscribers

The Hindu  

Netflix raised subscription prices for some of its streaming plans in the United States, Britain and France on Wednesday as it shattered new customer expectations, sending its shares soaring 10%. The company picked up nearly 9 million new customers around the globe, surpassing the 6 million consensus forecast of Wall Street analysts surveyed by LSEG. Investors welcomed the news, sending …

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’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 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 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 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 …

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 cuts prices in some markets to lure more subscribers
1 year, 10 months ago

Netflix cuts prices in some markets to lure more 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. Netflix isn't changing its prices in any of its …

Disney lays off 7,000 as streaming subscribers decline
1 year, 11 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 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 …

Some good news for Netflix, with subscriber gains in the third quarter
2 years, 2 months ago

Some good news for Netflix, with subscriber gains in the third quarter

LA Times  

After two consecutive quarters of subscriber decline, Netflix said its prospects look brighter for the second half of the year as it prepares to launch a cheaper streaming plan with ads. For the record: This story was updated to correct the number of hours people watched “Dahmer — Monster: The Jeffrey Dahmer Story.” In its third quarter, Netflix’s “Dahmer — …

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, …

Disney edges past Netflix in streaming battle
2 years, 4 months ago

Disney edges past Netflix in streaming battle

Al Jazeera  

It had staked its future on building a streaming service to rival Netflix as audiences moved to online viewing from traditional TV. Walt Disney Co edged past Netflix Inc with a total of 221 million streaming customers and announced it will increase prices for customers who want to watch Disney+ or Hulu without commercials. The Mouse House added 14.4 million …

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 …

Netflix: Here is why Netflix lost around 10 lac subscriber
2 years, 5 months ago

Netflix: Here is why Netflix lost around 10 lac subscriber

India TV News  

Netflix: A popular video streaming platform has announced that it has lost around a million paid subscribers in the second quarter of 2022. In an official statement, Netflix said, "The second quarter was better-than-expected on membership growth, and foreign exchange was worse-than-expected, resulting in 9 per cent revenue growth." Netflix said it has 73.28 million paid subscribers in the US …

Netflix lays off hundreds of employees in second round of job cuts
2 years, 6 months ago

Netflix lays off hundreds of employees in second round of job cuts

Live Mint  

Netflix Inc said it laid off 300 employees, or about 4% of its workforce, in the second round of job cuts aimed at lowering costs after the streaming giant lost subscribers for the first time in more than a decade. "While we continue to invest significantly in the business, we made these adjustments so that our costs are growing in …

Is Netflix’s loss Disney’s gain?
2 years, 7 months ago

Is Netflix’s loss Disney’s gain?

The Hindu  

Netflix is haemorrhaging subscribers. The streaming giant said last month it lost 200,000 customers in the March ending quarter, the first time it has shed subscribers since 2011. During the period, the company added 7.9 million subscribers added and total subscriptions across all its DTC offerings exceeded 205 million. “Higher costs for cricket programming were due to the airing of …

Has Netflix hit its peak? That might not be a bad thing
2 years, 8 months ago

Has Netflix hit its peak? That might not be a bad thing

Live Mint  

If Netflix stopped adding new shows to its endless lineup, how long would it take for us to notice? The story so far: Netflix has lost over 200,000 subscribers in the first three months of 2022, though one must note this comes with a big red asterisk: the service has disabled 700,000 subscribers from Russia following the conflict with Ukraine, …

Netflix shares drop 25% after service loses 200K subscribers
2 years, 8 months ago

Netflix shares drop 25% after service loses 200K subscribers

Associated Press  

SAN FRANCISCO — Netflix suffered its first subscriber loss in more than a decade, causing its shares to plunge 25% in extended trading amid concerns that the pioneering streaming service may have already seen its best days. It’s the first time that Netflix’s subscribers have fallen since the streaming service became available throughout most of the world outside of China …

Netflix Shares Plummet As Service Loses 200K Subscribers
2 years, 8 months ago

Netflix Shares Plummet As Service Loses 200K Subscribers

Huff Post  

LOADING ERROR LOADING SAN FRANCISCO — Netflix suffered its first subscriber loss in more than a decade, causing its shares to plunge 25% in extended trading amid concerns that the pioneering streaming service may have already seen its best days. It’s the first time that Netflix’s subscribers have fallen since the streaming service became available throughout most of the world …

Netflix suffers first subscriber loss in a decade
2 years, 8 months ago

Netflix suffers first subscriber loss in a decade

Al Jazeera  

Wall Street sent Netflix’s stock tumbling 26 percent after market hours, erasing about $40bn of market value. “And now we’re working super hard on it.” Confluence of events Netflix’s first-quarter revenue grew 10 percent to $7.87bn, slightly below Wall Street’s forecasts. “I don’t think any of us expected that all to happen at once.” The world’s dominant streaming service was …

Netflix shares drop 25% after it loses 200K subscribers
2 years, 8 months ago

Netflix shares drop 25% after it loses 200K subscribers

The Hindu  

Netflix suffered its first subscriber loss in more than a decade, causing its shares to plunge 25% in extended trading amid concerns that the pioneering streaming service may have already seen its best days. It’s the first time that Netflix’s subscribers have fallen since the streaming service became available throughout most of the world outside of China six years ago. …

Netflix stock plunges after subscriber losses
2 years, 8 months ago

Netflix stock plunges after subscriber losses

CNN  

New York CNN Business — Netflix’s bad 2022 just got muchworse. In its letter to investors, the company said that since it launched streaming in 2007, the company has “operated under the firm belief that internet-delivered, on demand entertainment will supplant linear TV,” But, it added, in the near term “we’re not growing revenue as fast as we’d like.” Netflix …

Streaming services take a hit as inflation forces Brits to choose
2 years, 8 months ago

Streaming services take a hit as inflation forces Brits to choose

CNN  

London CNN Business — Britons are abandoning streaming services such as Netflix and Disney+ to save money as they suffer the biggest cut to their disposable incomes since the 1950s. Kantar’s report showed that the number of British households with at least one subscription fell by 215,000 during the quarter, with a record 38% of customers also planning to cancel …

Netflix tests new strategy to boost subscriber base
2 years, 9 months ago

Netflix tests new strategy to boost subscriber base

The Hindu  

Netflix’s pace of growth during the pandemic is starting to slow. Charging sub-accounts The streaming giant on Wednesday said it is testing a charging a fee to subscribers who share their accounts with people who don’t live in their homes. “We’ve always made it easy for people who live together to share their Netflix account,” Chengyi Long, Director of Product …

Netflix Increases Subscription Prices in These Countries: All Details
2 years, 9 months ago

Netflix Increases Subscription Prices in These Countries: All Details

News 18  

Popular video streaming platform Netflix has bumped up its subscription prices for the UK and Ireland. The higher prices will allow Netflix to “continue investing in best in class UK productions and offer a wide variety of curated quality shows and films," the report said. In the US, subscribers to Netflix’s basic plan, which allows for one stream on one …

Netflix announces price increase for its subscription packages
2 years, 9 months ago

Netflix announces price increase for its subscription packages

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. Netflix needs the extra money to invest in “best in class UK productions” and to “offer a …

Netflix’s bad week shows the challenges of the streaming business
2 years, 11 months ago

Netflix’s bad week shows the challenges of the streaming business

LA Times  

Welcome to the Jan. 25, 2022, edition of the Wide Shot, a newsletter about the business of entertainment. So it doesn’t feel like any qualitative change there.” With its 222 million global subscribers, it’s possible that Netflix is getting close to market saturation, meaning it’s only ever going to get so big. “It’s tough to say exactly why our acquisition …

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