Netflix: Subscribers up, password sharing down, as clampdown pays off July 20, 2023 Netflix has gained nearly six million subscribers this quarter as its password sharing clampdown bears immediate fruit. Announcing its second quarter results, the company said paid subscribers grew by 4.14m April through June as they rolled out so-called paid sharing in over 100 countries. The firm had become aware that a number of users of [...]
Netflix lookahead: Password sharing crackdown could boost revenues July 16, 2023 Netflix’s password sharing crackdown could bolster revenues for the streamer as it gears up to post second quarter results on Wednesday, analysts have suggested. With Netflix subscription sign ups having been on the rise for the past three quarters, AJ Bell analyst Danni Hewson said they are expected to come in higher in the latest [...]
Netflix, no chill as streaming giant starts password sharing crackdown: ‘An account is for use by one household ONLY’ May 24, 2023 Netflix has begun its crackdown on UK and US subscribers who are sharing their password with people who live outside of their household, in a bid to stop account sharing. The streaming giant said a Netflix account was “for use by one household” and those wanting to share accounts “with someone who doesn’t live with [...]
Can Amazon Prime, Netflix and the streamers survive the UK’s recession fears? April 20, 2023 The number of British households signed up to streaming platforms has slumped so far this year, as more cash-strapped viewers trim their subscriptions to cut costs. The number of homes subscribed to at least one video streaming platform fell to 16.1 million between January and March this year, down from 16.91 million during the same [...]
Netflix ends DVD postal service: ‘Booster rocket’ for streaming wound down after 25 years April 19, 2023 Netflix is ending its postal DVD service after 25 years in a bid to boost subscribers and better its service amid an increasingly competitive streaming space. In a letter to shareholders, the company described the DVD service as “the booster rocket that got streaming to a leading position,” but added that the business was shrinking [...]
Dating, DIY and Netflix: Brits stop spending on love and luxury due to cost of living crisis, Nationwide says March 24, 2023 The value of households’ spending on subscription services, home improvements and dating fell annually in February, according to analysis by Britain’s biggest building society of its members’ outgoings. The volume of dating transactions fell by a third (33 per cent ) in February 2023 compared with the same month in 2022, also falling by 7 [...]
Drive to Survive review: Is it time Formula 1 docu-series sees red flag? February 23, 2023 In years gone by, Drive to Survive, Formula 1’s fly-on-the-wall series, was added to Netflix viewers’ watchlists weeks if not months before hitting the streaming platform. But a preview of this series, which is released worldwide on Friday, raises the question as to whether it is worth bothering tuning in this year at all. It [...]
Amazon Prime and Netflix brace for cancellations as Brits look to trim spending January 30, 2023 More Brits are planning to unsubscribe from video streaming services this year, after new data revealed the number paid-for subscriptions in the UK fell by two million last year as rising costs continue to eat into household budgets. Data analytics group Kantar revealed today that the number video streaming subscriptions in the UK fell from [...]
Australian Open: Seeds Iga Swiatek and Coco Gauff crash out while Felix Auger-Aliassime completes ‘Netflix Curse’ January 22, 2023 Fancied trio Iga Swiatek, Coco Gauff and Felix Auger-Aliassime crashed out of the Australian Open on Sunday as favourites continued to fall and the so-called “Netflix Curse” claimed its final victim. World No1 Swiatek suffered a surprise loss to Wimbledon champion Elena Rybakina, while seventh seed Gauff also succumbed in straight sets to her lower-ranked [...]
Netflix drama: Chief executive Reed Hastings quits as big leadership shake up underway January 20, 2023 Netflix co-founder Reed Hastings has stepped down as chief executive but he is staying with the company as executive chairman. The American businessman said that Greg Peters will step up from COO to join Ted Sarandos as co-CEO of the company. Hastings said he is not ready to leave Netflix entirely but is taking more [...]