Netflix shares drop as post-COVID subs growth slows to among lowest on record

Netflix’s global subscriber growth stalled dramatically in the first quarter of 2021, prompting a sell-off from investors that saw its share price plummet by almost 10%. The Queen’s Gambit streamer had enjoyed rampant growth during 2020 but in its Q1 results yesterday, Netflix revealed it had only added 3.98 million net new paid subscribers, down from […]

Characters front-and-centre in Netflix Kids redesign

Netflix has revealed an overhaul to its Kids profiles. By contrast to the old Kids profiles (which were effectively just content-restricted versions of the normal adult profiles) the complete redesign follows the lead of other streaming services like Disney+ in putting a greater focus on characters and recognisable imagery from the shows. Upon launching Netflix […]

Indian government agency calls police on Netflix’s Bombay Begums

A government agency in India which represents child rights has called on police in the country to investigate a new Netflix show. The National Commission for Protection of Child Rights (NCPCR) alleges that the Netflix series Bombay Begums, a series released last week about five women from various walks of life in the titular city, […]

Netflix testing feature to curb password sharing

Netflix is testing a new feature aimed at cracking down on password sharing. The practice of subscribers sharing their passwords with friends and family members has been one of the biggest concerns in the streaming age, and one which Netflix is looking to curb. The company has confirmed that it is testing a feature which […]

Comparisons with Netflix get real as Disney+ gears up for Star

Ahead of the launch of Star, its sixth content hub within Disney+, the company last week announced that it had surpassed its four-year subscriber target in just 14 months with a total of 94.9 million users globally. If that wasn’t good enough for Disney, an industry-shaking projection came this week that Disney+ will overtake Netflix for […]

Japan latest to see Netflix price increase

Netflix announced a price hike for customers in Japan. On Thursday, the streaming giant said that it would increase the price of its standard two-stream subscription to 1,490 yen (€11.78), an increase of 170 yen (€1.34) per month. The basic plan, which restricts viewing to one screen and in SD, has increased from 880 yen […]

Netflix dominated the 2010s but can it continue its stratospheric rise in the new decade?

Netflix has finally surpassed its latest milestone of 200 million subscribers, cementing it as the biggest company in streaming – and it’s not even close. Disney, considered by many as the first major competitor to Netflix on a global scale, sits at a relatively paltry 137 million subscribers globally across its services like Disney+, Hulu […]

Netflix licences xHE-AAC audio codec

Netflix is now using the xHE-AAC audio codec.  The move was confirmed by Fraunhofer, which has licenced the high-quality codec to Netflix. Netflix is using the xHE-AAC software to encode its entire catalog of TV series, documentaries and feature films across a variety of genres and languages. One of xHE-AAC’s key features for Netflix is […]

Amazon wins Q4, but Disney+ dominates 2020 SVOD signups

Amazon accounted for almost half of the UK’s new streaming customers across the festive period, a new report has revealed. According to figures from Kantar, Amazon attracted 49% of the 1.3 million new subscriptions in the final quarter of 2020 – approximately 635,000 signups. Amazon managed to draw in almost three times more subscribers than […]

Netflix caps off record year with 200 million subscribers

Netflix has surpassed 200 million subscribers globally for the first time in its history. The streaming giant capped off 2020 with a total of 203.6 million paying users around the world. The company surged in the first half of 2020 due to the impact of the Covid-19 pandemic, with its performance peaking in Q1 as […]

1 2 3 122