The company, which reported a lower-than-expected subscriber gain for the first quarter, has been testing ways to reduce account sharing in Latin America, and rolled out a plan to charge such users
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 that once served as Netflix's emblem, plans to mail its final discs on Sept 29. Netflix ended last year with nearly 231 million worldwide subscribers to its video streaming service, but it stopped disclosing how many people still pay for DVD-by-mail delivery years ago as that part of its business steadily shrank. The DVD service generated $145.7 million in revenue last year, which translated into somewhere between 1.1 million and 1.3 million subscribers, based on the average prices paid by customers. Shortly before Netflix broke it off from video streaming in 2011, the DVD-by-mail service boasted more than 16 million subscribers. That number has ..
Netflix is expected to add 3.43 million subscribers in the April-June quarter, compared with 970,000 subscriber losses in the year-ago quarter
In which we munch over the week's platter of news and views
As part of the restructuring, Netflix will combine its small and mid-sized picture productions units, cut a few jobs, scale back its output to ensure high quality titles and centralise decision-making
Streaming giant Netflix has rolled out its ad-supported plan -- "Basic with Ads" for Apple TV users after a delay of months.
The idea is to supplement Netflix's shows and movies and help retain customers as the company raises subscription prices
He said it is important to hold companies like Netflix accountable for their actions and to ensure that they are sensitive to the cultural values and sentiments of the communities they serve
"That's in addition to the 16 games currently being developed by our in-house game studios," the company said in a statement
Over 50 firms, including defence, pharmaceutical, and tech will participate
"We analysed those films, the intentional cinematic language and in what way it was reflecting the country's history and the zeitgeist of the times"
A local office would make Netflix the first major US tech firm with a direct presence in the fast-growing Southeast Asian country of 100 million, increasingly seen as too lucrative to ignore
Streaming giant Netflix has lowered the price of its subscription in more than 30 countries, in an effort to draw in subscribers who have access to a growing number of streaming options
Union Information and Broadcasting Minister Anurag Thakur here on Friday met Netflix Chief Executive Officer Ted Sarandos and discussed the expanding creative economy of the country. During their meeting, Thakur highlighted how India had emerged as a content and post-production hub, backed by the talent of Indians. "Pleasure meeting you Mr Ted Sarandos @netflix, best wishes on your new role! India has emerged as a content & post production hub backed by talent; Our original content is being dubbed globally. Look forward to the story of India & Indians expanding even further across the world," Thakur tweeted. The two also discussed India's regional content which is amongst the most viewed content internationally. In 2022, the central government ministry had announced a partnership with Netflix to produce 25 short films on inspirational stories of individuals and the freedom struggle under Azadi Ka Amrit Mahotsav that celebrated 75 years of independence of India. The first set ..
In December 2022, it was reported that Netflix was planning to put an end to its password-sharing feature in early 2023
Netflix users will be required to buy an extra member account which can be accessed by two people who are not at the primary location
The company lost subscribers in the first half of 2022 amidst stiff competition from rivals, prompting it to look more seriously into password sharing and launching an ad-supported plan
Streaming giant Netflix has announced that it has partnered with American automaker General Motors (GM) to include more electric vehicles (EVs) in its shows and movies
Streaming giant Netflix has shared its rules and exemptions to explain how it plans to maintain account sharing within a household
These measures are part of a plan by Netflix to discourage users from sharing passwords and boost its revenues