Netflix CEO calls on telcos to contribute to content cost
Greg Peters, co-CEO Of Netflix, used his keynote address at Mobile World Congress to ask telecoms operators to contribute to the costs associated with producing entertainment content.
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Netflix
Netflix launches an even cheaper ad-supported option
Streaming stalwart Netflix will introduce the ‘Basic with Ads’ plan in November, which will be cheaper than the core product and subsidised with ads.
Streaming trends show widening gap between old and young
According to some research from Ofcom, 16-24 year olds in the UK watch seven times less broadcast TV than those aged 65+, who still have the box on for a third of the day.
Netflix is losing significant numbers of users for the first time
The streaming services blames password sharing, inflation the Russia-Ukraine war and inflation for a 200,000 drop in subscribers in Q1, as shares plummet around 25%.
UK streaming subscriptions fall amid household budget crunch
New research has revealed that the number of UK homes paying for streaming services fell in Q1 2022, with 1.5 million total cancellations in that period.
Netflix enters the mobile gaming arena with a whisper
Video streaming giant Netflix is now bundling mobile games in its offer, starting with a small number of titles and thus limited disruption to the gaming industry’s business model.
Netflix issues tepid response to Korean network usage payment demands
US video streaming giant Netflix has published a blog in response to SK Broadband suing it for the costs of increased network traffic resulting from Squid Game.
Are we seeing the beginning of the end of big tech’s good pandemic in Amazon’s quarterly?
Amazon has delivered another solid quarter, but the numbers fell short of market expectations. When looked together with the latest financial results from other big tech companies, it is tempting to ask if the pandemic bonus is coming to an end.
Netflix ordered to pay for network usage in Korea
A South Korean court has ruled against Netflix in a case over its payment – or lack thereof – of network usage fees.
South Korea fleshes out regressive ‘Netflix law’
Consumers in South Korea could soon end up paying twice to watch Netflix thanks a proposed new law.
Tencent acquires the ‘Netflix of Asia’
Iflix, dubbed the ‘Netflix of Asia’, has been acquired by Hong Kong-based Tencent, as the firm takes another step towards its dream of becoming the streaming giant of South East Asia.
Netflix reports surge in subscriptions and revenues thanks to COVID-19
As expected, Netflix has experienced a material benefit from many societies being placed under lockdown thanks to the on-going coronavirus pandemic.
Europe asks Netflix to save networks by restricting HD streams
European Commissioner for the Internal Market Thierry Breton has been on the phone to Netflix CEO Reed Hastings to officially request the streaming service slowdown downloads.
NBCUniversal writes another line in cinema’s obituary
The streaming revolution has changed our content consumption habits and now NBCUniversal could add further pain to the cinema industry by offering theatrical releases as in-home rentals.
Netflix is winning the streaming war – Nielsen
There might be a lot of pretenders to the video streaming crown but data from the US demonstrates one thing; no-one comes near Netflix.
Netflix reports solid Q4 but braces for a challenging 2020
Video streaming giant Netflix reported revenue growth of 31% on the back of 21% subscriber growth, but it will face a lot more competition this year.
2019 app economy: TikTok ran riot as Disney got off to a flier
The older characters in the room might not get the appeal of small(est) screen entertainment, but the app economy is real and generating some serious revenues today.
SVoD claims 66% of UK home entertainment market revenues
The entertainment landscape is shifting at remarkable speed, but it might surprise a few to see the internet giants are hording such a monstrous proportion of the wealth.
Italy challenges Netflix tax strategy
The Italian Government is investigating Netflix after the streaming giant failed to file a tax return in the country.
Third-parties are next battleground in video streaming war
Securing a partnership with the likes of Netflix and Amazon might be the golden-ticket for the telcos, but no-one should forget they have as much negotiating power as the OTTs.
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