Disney’s ability to overtake Netflix defined by vision, ambition and resources

Disney is now the largest streaming operator in the world. The company this week revealed that it had a total of 221.1 million streaming customers globally across Disney+ (including Disney+ Hotstar), Hulu, ESPN+ and Star. The figure eclipses – albeit narrowly – Netflix’s total of 220.67 million, after the company recorded its second consecutive quarter of […]

Only 1% of Netflix subscribers are playing its games

Despite a heavy investment in the area, Netflix subscribers are yet to embrace the company’s advancements into video games, says a new report. According to app analytics company Apptopia, Netflix’s 20-plus games available on mobile have been downloaded a total of 23.3 million times with an average of 1.7 million daily users.  While this would […]

Netflix: WGA wins US$42 million Bird Box arbitration case

The Writers Guild of America (WGA) has won a US$42 million arbitration case against Netflix over unpaid residuals. The WGA had entered arbitration in regards to the 2018 hit film Bird Box, with a third-party arbitrator finding that the streamer had underpaid residuals on the film. As a result, screenwriter Eric Heisserer has been awarded […]

Netflix ups Africa investment

Netflix has unveiled a slate of new and returning African originals, including a range of scripted and unscripted series and feature films to launch on the platform in late 2022 and early 2023. Among the new scripted series titles is Ludik, the streamer’s first Afrikaans-language drama, which will launch on 26 August. The six-part action series […]

Netflix sues Bridgerton musical creators

Netflix has filed a copyrights lawsuit against the creators of The Unofficial Bridgerton Musical. The lawsuit is seeking unspecified damages, while also looking to stop any further performances of the show. Talk of a stage show based on the period drama – which is itself adapted from Julia Quinn’s series of novels – first emerged after […]

Netflix’s moment of respite

Netflix’s latest results this week provided a moment of respite a company whose star has fallen of late. Net subscriber losses for the second quarter came in at 970,000, a much lower figure than the company’s own estimate of two million down. Netflix’s stock rose on the news, although its share price remains well below […]

Netflix beats prediction but still loses 970,000 subscribers

Netflix lost roughly 970,000 subscribers in Q2 2022, a lower figure than its own previous estimate of two million, to end the quarter with a total 220.67 million worldwide. The streaming giant also saw revenue in the period ending 30 June drop to US$7.84bn from US$7.97bn in the previous quarter, when its subscriber base stood at […]

Netflix introduces paid ‘add a home’ feature in five countries to combat account sharing

While subscriber losses and the planned introduction of an ad-supported tier dominated Netflix’s Q1 2022 earnings, the company also said that it would take steps to crack down on account sharing and this has now started to be implemented by the streamer. Starting in Argentina, El Salvador, Guatemala, Honduras, and the Dominican Republic, users will […]

Netflix makes shrewd decision in partnering with Microsoft

Netflix this week confirmed that it is partnering with Microsoft for its upcoming ad-supported offering. While Netflix has repeatedly noted that the development of its ad-supported product is in “very early days”, it is not short of ambition, with chief operating officer Greg Peters penning a blog post that promised “more choice for consumers and […]

Parrot Analytics: US streamer originals still most in-demand in Russia

Original drama series from Netflix and other global streamers continue to be in demand in Russia despite not being available legally in the country, according to data from Parrot Analytics. Global hit Stranger Things topped the list of most ‘in demand’ shows for the week commencing July 3. The show was over 66 times more […]