Last week, Bodhi Tree Systems, an arm of James Murdoch's Lupa Systems, announced that it will be picking up a 40 per cent stake in Viacom18 for Rs 13,500 crore
This process, according to Wood, is already well underway with Netflix now down 69 per cent year-to-date (YTD)
More Indian languages, bigger films and shows, and an ad-supported version are being rolled out as the global streaming service works to crack one of the world's fastest-growing streaming video market
Netflix has reportedly laid off several experienced journalists and writers working for its entertainment site Tudum which it launched only in December last year
Netflix's customer base shrunk by 2,00,000 during the January-March quarter, and likely to lose 2 mn more in the current quarter. It is now mulling a low-cost subscription, supported by advertising.
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Both Amazon Chairman Jeff Bezos, the second-richest person in the world, and Ambani, No 9, want to dominate India's large - and still highly informal - retail industry
The fall worldwide was the first in over a decade, though the streaming service was making good progress in APAC, it said
Currently, Netflix's Standard and Premium subscribers in its handful of test markets are being offered the option to add 'sub-accounts' to their service for people they don't live with
Netflix added 36 million subscribers during 2020, by far the largest annual growth since its video streaming service's debut in 2007
Content streaming platform Netflix, which reduced its subscription prices in India late last year, is witnessing an uptick in user engagement in the country
Streaming giant Netflix saw its stock tumbling by 20 per cent after it reported a loss of 2 lakh paid subscribers in the first quarter of 2022 -- its first subscriber loss in over a decade
Investors were also preparing for the next barrage of earnings that will help them assess the impact of the Ukraine war and a spike in inflation on company financials
The company said that it is to let the video streaming platform know what types of series and films users want to see more of
Discovery and telecommunication company AT&T announced that they have closed their transaction and combined the WarnerMedia business with Discovery, to compete with other streaming giants like Netflix and Disney.
The conflict arose after Rock, who was presenting the Oscar for Best Documentary Feature, seized the moment to crack a few jokes, including one about Smith's wife Jada Pinkett Smith's shaved head.
As millions of people stream the latest season of 'Money Heist' or 'Squid Game' on Netflix, little do they know that the streaming giant was born out of a video renting store in the US 25 years ago.
If you are someone who relies on passwords from friends to binge-watch Netflix or Amazon Prime Video, you are contributing to OTT players losing millions of dollars every year
This year, OTT streamers achieved the feat of scooping the best movie award, apart from 35 nominations in the Academy Awards. But back home, OTT's future is linked to vernacular programs and films
Popular video streaming platform Netflix is planning to pause password sharing outside a single household by charging users extra for doing so.