Netflix

Netflix numbers disappoint, but international growth exceeds expectations

Netflix’s fourth-quarter earnings did not yield the stellar results widely anticipated, but analysts have told DTVE sister publication TBI that the business’s stagnation in the US, discussion of pay TV relationships and glimpse into viewership figures provide key clues about its strategy for the year. The streaming giant posted revenues of US$4.19 billion (€3.68 billion), […]

Netflix makes biggest ever price hike in US

Netflix is raising its US subscription prices by 13% to 18%, its biggest increase since the company launched its streaming service in 2007. It’s most popular price plan, which offers access to high-definition programming for two different internet-connected devices at once, will see the largest price jump going from US$10.99 to US$13.99 per month. The […]

Netflix stock sees bump after UBS upgrade

Netflix shares rose by 1.5% by market cap on Thursday after UBS analyst Eric Sheridan upgraded the stock to “buy” from “neutral” and raised his 12-month price target to US$410 from US$400. The rise follows a winning streak throughout January, which has seen Netflix stock rise by over 24% to date. The bump arrives after […]

Ampere: Netflix will ‘aggressively ramp up’ local production in Europe and Asia

Netflix will aggressively ramp up local production in Europe and Asia this year to drive up penetration and meet new content quota obligations, according to Ampere analysis. In a note on Netflix’s strategy, Ampere said that Netflix announced 24 new titles for Europe in Q4 2018, which is the equivalent to the streaming giant’s total […]

Korea’s SK Telecom and broadcasters team up to take on Netflix

Korean telecom operator SK Telecom has teamed with three of the country’s leading broadcasters to launch a join t OTT TV service that will enable them to better compete with the likes of Netflix. SK Telecom and broadcasters KBS, MBC and SBS have signed a memorandum of understanding that will see them combine their existing […]

Netflix hires Dungey as original content VP

Channing Dungey has resurfaced at Netflix as vice president of original content one month after departing her role as ABC Entertainment president. Dungey, who was with ABC for 14 years, will start work at Netflix in February 2019. She will report to Cindy Holland, VP of original content. Currently Holland’s original series team manages a […]

Netflix unveils most binged shows of the year

BBC One co-production Bodyguard and coming-of-age drama On My Block were among Netflix’s most binged US shows of the year. The global SVOD revealed the shows launched between 1 January and 28 November in the US with the highest average watch time per viewing session. The service, which is notorious for keeping tight-lipped on viewership data, made clear that […]

Telefónica rolls out Movistar-Netflix integration

Telefónica has integrated Netflix into its Movistar offering in Spain, allowing customers to access the SVOD service from a single platform and pay via one bill. As of December 11, Movistar’s Fusión Total Plus, Total and Selection subscribers will be able to watch Netflix in HD or Ultra HD quality, with current Movistar customers eligible […]

Netflix orders first African original

Netflix has ordered Queen Sono, a drama about a secret agent, as its first African original series. The news was confirmed by South African talent and Quantico star Pearl Thusi, who tweeted about the series for the first time today. She said: “#QueenSono – Africa’s first Netflix original! A thrilling story about a kickass female spy. Can’t wait […]

Parrot Analytics: Narcos takes top slot in Netflix-heavy Danish in-demand list

Narcos, the latest season of which is now streaming, led the pack by some way in the list of the top 10 most ‘in-demand’ digital originals in Denmark compiled by Parrot Analytics for the week ending December 2. Parrot Analytics analyses the demand for recent popular digital titles across international markets, based on the application […]

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