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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 Last Year Subscriber
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 Last Year Subscriber
Will Netflix get into the TV news business? Here are the pros and cons
6 months, 2 weeks ago

Will Netflix get into the TV news business? Here are the pros and cons

LA Times  

After embracing sports and commercials, is news the next step for Netflix? After diving into sports, news could be a logical next step for the company as it seeks to become viewers’ one-stop shop for TV viewing. These are not firm lines in the sand.” Still, veterans of the TV news business have some advice for Netflix: don’t do it. …

Business Streaming Netflix Company Live Networks Cons
Netflix’s password-sharing crackdown is paying off as profits beat Wall Street’s forecast
8 months ago

Netflix’s password-sharing crackdown is paying off as profits beat Wall Street’s forecast

LA Times  

Netflix had a hit with “Avatar: The Last Airbender,” featuring Kiawentiio, left, Gordon Cormier and Ian Ousley. Netflix has remained the dominant subscription streaming platform in part because of its content prowess with licensed titles, such as “Suits,” and original programs, including international productions, K-dramas, reality shows, live events and sports documentaries. Other popular titles include the fantasy adventure movie …

Netflix Company Series
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 Sharing Plan Million Subscriber Subscribers Password Sharing
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 …

Plan Million Password Sharing Subscriber Growth Subscribers Netflix
Telcos likely to see modest growth in Q1 as disruptive phase is well behind
1 year, 5 months ago

Telcos likely to see modest growth in Q1 as disruptive phase is well behind

Live Mint  

Indian telecom firms are expected to record modest growth in the first quarter of FY24 owing to stable tariffs and the assumption of further improvement in subscriber mix. EBITDA is Kunal Vora - Head India Equity Research, BNP Paribas in his report said, "With stable tariffs for over a year now, we expect the Indian telecom industry revenue growth to …

Growth Jio Qoq Bharti Expect Ebitda Jm Financial
Disney+ sheds 4 million subscribers ahead of new layoffs
1 year, 7 months ago

Disney+ sheds 4 million subscribers ahead of new layoffs

India TV News  

The Walt Disney Company's leading streaming service, Disney+, saw a decline of four million subscribers in its second quarter, which ended on April 1st. The main reason for the decline in Disney+Hotstar's subscriber base is believed to be the loss of streaming rights for the Indian Premier Cricket League, which led to a decrease in Indian subscribers. In a statement, …

Disney Company Million Subscriber
Ryan Reynolds gets a big payday: T-Mobile pays $1.35 billion for Reynolds-backed Mint Mobile
1 year, 9 months ago

Ryan Reynolds gets a big payday: T-Mobile pays $1.35 billion for Reynolds-backed Mint Mobile

LA Times  

Ryan Reynolds is part owner of Mint Mobile, which is being purchased by T-Mobile in a cash-and-stock deal worth up to $1.35 billion. T-Mobile U.S. Inc. is buying Mint Mobile, the budget wireless provider part owned by actor Ryan Reynolds, for as much as $1.35 billion in an effort to bolster its prepaid phone business and reach more lower-income customers. …

Mint Ryan Reynolds Reynolds Glickman Mobile Ryan Mint Mobile
Data | Vodafone out of ideas: With Airtel and Jio going strong, duopoly concerns emerge in telecom sector
1 year, 11 months ago

Data | Vodafone out of ideas: With Airtel and Jio going strong, duopoly concerns emerge in telecom sector

The Hindu  

The fate of India’s third-largest telecom, Vodafone-Idea, is hanging in the balance. Click to subscribe to our Data newsletter Apart from losing subscribers, Vodafone-Idea’s average revenue per user per month has also failed to keep pace with that of its rivals. Chart 3 shows the average revenue earned per user per month by private service providers in wireless services. The …

Data Jio Chart Cash Shows Vodafone Subscriber
After several false starts, Twitter relaunches subscriber service after debacle
2 years ago

After several false starts, Twitter relaunches subscriber service after debacle

Firstpost  

After buying Twitter in October, billionaire entrepreneur Elon Musk announced his intention to diversify the company’s revenue stream beyond advertising, turning to new paying formulas for premium features New York, United States: After several false starts, Twitter announced on Saturday it would relaunch its subscription service next week, including a system for authenticating accounts on the platform. “We’re relaunching @TwitterBlue …

Twitter Blue Checkmark Relaunches Subscriber
Net Profit Rises 28% YoY to Rs 4,518 crore, ARPU Grows 23.5% To Rs 177.2 - News18
2 years, 2 months ago

Net Profit Rises 28% YoY to Rs 4,518 crore, ARPU Grows 23.5% To Rs 177.2 - News18

News 18  

Reliance Jio Infocomm, a subsidiary of Reliance Industries‘ digital unit Jio Platforms, reported year-on-year growth of 28 percent in its standalone net profit at Rs 4,518 crore for the September quarter. Average revenue per user during the quarter of Rs 177.2 per subscriber per month saw a healthy 23.5 percent growth compared to year-ago period due to better seasonality and …

Revenue Jio Reliance Industries Crore Quarter Increase Net
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 Revenue Million Gain Subscriber Subscribers
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 Revenue Million Subscribers Subscriber Gains
Net Profit Rises 24%, Topline 21.6% On Higher Per-User Revenue - News18
2 years, 5 months ago

Net Profit Rises 24%, Topline 21.6% On Higher Per-User Revenue - News18

News 18  

Reliance Jio Infocomm, a subsidiary of Jio Platforms, reported a year-on-year growth of 23.8 percent in its standalone net profit of Rs 4,335 crore for the quarter ended June 2022 compared to Rs 3,501 crore achieved a year ago. The company recorded revenues of Rs 21,873 crore for the reported quarter, which is a growth of 21.6 percent from Rs …

Data Company Crore Quarter Ftth
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 Quarter Subscriber
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 …

Netflix Subscriber Subscription Growth
Netflix lays off 300 workers amid subscriber losses
2 years, 6 months ago

Netflix lays off 300 workers amid subscriber losses

LA Times  

Netflix on Thursday laid off 300 employees in the latest round of cuts as the company responds to a revenue slowdown and its first subscriber loss in more than a decade. The layoffs, which represent roughly 3% of Netflix’s staff, mostly affected the firm’s U.S. and Canada staff, but also hit teams in Latin America, the Asia Pacific region and …

Canada Streaming Netflix Company Revenue Subscriber
Netflix Lays Off 150 Employees Amid Slow Revenue Growth
2 years, 7 months ago

Netflix Lays Off 150 Employees Amid Slow Revenue Growth

News 18  

Streaming giant Netflix has laid off nearly 150 employees, primarily in the US, as it suffers from slow user growth amid stalled paid subscription. So sadly, we are letting around 150 employees go today, mostly US-based," a Netflix spokesperson was quoted as saying in the report late on Tuesday. Netflix saw its stock tumbling by 20 percent after it reported …

Netflix Revenue Growth 150 Employees
Netflix cuts 150 jobs after subscriber slump, revenue slowdown
2 years, 7 months ago

Netflix cuts 150 jobs after subscriber slump, revenue slowdown

LA Times  

Netflix headquarters in Hollywood. Netflix on Tuesday announced it was cutting 150 jobs amid a slowdown in revenue and a decline in subscribers that has shaken the entertainment industry and triggered a reexamination of the streaming business. “We have to have an ‘Adam Project’ and a ‘Bridgerton’ every month and to make sure that that’s the expectation of the service …

Business Jobs Streaming Netflix Company Content Subscriber
Vodafone Idea Losses Continue in Its Third Quarter of 2021
2 years, 11 months ago

Vodafone Idea Losses Continue in Its Third Quarter of 2021

News 18  

New Delhi, Jan 21: Debt-ridden telecom operator Vodafone Idea on Friday reported widening of its consolidated loss to Rs 7,230.9 crore for the third quarter ended December 2021. Its subscriber base declined to 24.72 crore from 26.98 crore in the same quarter a year ago because of tariff hikes by the company. Despite tariff hikes, average revenue per user during …

Company Crore Quarter Base Tariff
Netflix’s subscriber growth slows as streaming rivals challenge its market share
2 years, 11 months ago

Netflix’s subscriber growth slows as streaming rivals challenge its market share

LA Times  

Henry Cavill returns in Season 2 of “The Witcher” on Netflix which launched in December. Netflix has invested in growing its slate of foreign-language series and last year had huge success behind the Korean show “Squid Game.” More than 90% of Netflix’s membership growth in 2021 came from outside the U.S. and Canada, the company said. “Even in a world …

Growth Streaming Netflix Squid Game Share Quarter Million Subscribers
Netflix adds 4.4 mn subscribers and tops revenue, surpassing projections for quarter
3 years, 2 months ago

Netflix adds 4.4 mn subscribers and tops revenue, surpassing projections for quarter

Firstpost  

Most of the subscriber growth in the quarter came from the Asia-Pacific region, which accounted for 2.2 million added Netflix members Netflix reported Tuesday that it gained 4.4 million more subscribers in the recently ended quarter, topping revenue and profit forecasts as hits like Squid Game draw masses of viewers. “Our programming strategy is to provide members with a wide …

Game Netflix Squid Game Million Quarter Squid
Netflix announces new comedy series ‘Comedy Premium League’
3 years, 4 months ago

Netflix announces new comedy series ‘Comedy Premium League’

Live Mint  

Netflix has announced a new comedy series, Comedy Premium League, which will premiere on 20 August. In September 2020, Netflix India partnered Reliance Jio, to offer a free mobile-only subscription to post-paid subscribers for plans starting at $5.3 per month. This partnership was expected to help the OTT platform notch up 5 million subscribers in India according to a report …

India Comedy Netflix