Netflix confirms new account sharing charges as all eyes fall on quarterly results and subscriber numbers July 19, 2022 Netflix confirmed reports that it will charge users extra if they use accounts at multiple locations as the firm cracks down on password sharing.
Streaming subscriptions continue to dwindle as Brits feel the pinch July 18, 2022 The downward spiral for streaming continues this quarter as more and more Brits cancel their subscriptions.
Netflix and ads: Streaming giant teams up with Microsoft to launch cheaper subscription plan July 14, 2022 Netflix announced a partnership with Microsoft late yesterday to introduce a “lower priced ad-supported subscription plan” to drive down its prices. The advert option will be an “addition” to the existing plans and will not feature on all offers. The streaming giant has not said how much the reduced package will cost, but comes after a [...]
Sign-up economy falls apart as Brits ditch costly subscriptions en masse due to fast-shrinking budgets July 7, 2022 New figures out this morning show that the growth of the “subscription economy” is stalling rapidly as living costs squeeze household budgets and people return to pre-coronavirus pandemic routines. More than a third (36%) of people say they have cancelled at least one subscription because their disposable income has fallen as interest rates and inflation [...]
Netflix eyes advertising deals as video streamers clamber for subscribers June 23, 2022 Netflix is on the road to advertising partnerships, said co-CEO Ted Sarandos, as the streaming giant works out how to salvage subscriber numbers.
Red Light, Green Light: Shares fly for studio behind Squid Game as Netflix announces its comeback June 13, 2022 Shares in the studio behind Netflix's mega-hit Squid Game were up nearly 30 per cent today after the streaming giant revealed the show would come back for a second season.
Amazon bets on UK as Netflix slows down May 20, 2022 Amazon has invested more than £1bn in TV, movie and live sport content in the UK since 2018, with plans to pump even more cash into establishing itself as the go-to content provider for Brits.
Netflix lays off 150 staff amid subscriber dip May 18, 2022 Following a brutal set of results last month, Netflix has laid off around 150 staff.
Netflix cancelling Duchess of Sussex a ‘disaster’ for Harry and Meghan’s production company Archewell May 3, 2022 The cancellation by Netflix of an animated children’s series by the Duchess of Sussex is a big blow for Meghan and Prince Harry, a royal expert has said. Rafe Heydel-Mankoo said this morning: “That’s a complete disaster for Harry and Megan and Archewell Productions.” “Netflix is having big problems with a dip in subscriber numbers, [...]
Netflix abandons work on Duchess of Sussex Meghan Markle’s animated series ‘Pearl’ May 2, 2022 Netflix has stopped work on Meghan Markle’s animated family series. The streaming giant announced it would drop the Duchess of Sussex’s ‘Pearl’ series, as it faced plummeting stock prices and falling subscriber numbers. This comes after Netflix announced its first quarter results at the end of last month, with its stock down 26 per cent, [...]