Netflix will stop offering the standard plan without ads, a decision that it already started to implement in some countries in summer for new subscribers, and that it will extend to the rest of users, starting with Canada and the United Kingdom.
The Standard plan with ads already represents 40…
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Netflix profits grew in 2023
Netflix reported a 20.3 % increase in revenue in 2023, reaching $5,407.9 million, and projected revenue growth of more than 10 % by 2024.
The streaming company grossed $33,723.3 million last year, 6.6 % more than in 2022, and added 260.2…
Netflix could charge extra for the use of video game service
Netflix is considering new payment options on its platform, which will be directed to its video games section and where it expects to charge for access to more sophisticated titles it currently develops, as well as incorporate transactions…
Netflix to compensate its co-directors with $40 million
In a filing with the Securities Exchange Commission (SEC), Netflix discloses that co-CEOs Ted Sarandos and Greg Peters will receive total compensation of $40 million in 2024. This figure covers their salaries, bonuses and stock compensation…
Netflix began testing its video game platform in the US
Netflix announced that selected users in the United States can now test its new video game streaming platform for televisions and PCs with compatible browsers, an option that until now was only available to some testers in the United…
The winner of the reality show “The Squid Game, the Challenge” will take home USD 4.56 million
Netflix announced that “The Squid Game, the Challenge”, the second part of the successful reality show that it broadcast in 2021, begins on November 22. The winner will take home USD 4.56 million.
It was revealed that 456 contestants will…
Amazon will also have a subscription with ads on Prime Video
Amazon plans to incorporate ads into its Prime Video streaming content service, a change expected early next year, following the example of platforms such as Netflix and Disney+.
Subscription plans for services such as Netflix and Disney+…
Disney+ announced significant loss of subscribers
Disney announced that its streaming service, Disney+, saw a reduction of more than 10 million subscribers during the last quarter, largely due to its performance in the Indian market.
At the end of the quarter, Disney+ had 146.1 million…
Netflix loses more than a million users in Spain after the end of the shared account
Netflix has lost more than a million users in Spain since it introduced payment account sharing at the beginning of February, a measure that is not very popular among subscribers but on which the company has pinned hopes to increase its…
Netflix to invest millions in South Korean content
Netflix announces a $2.5 billion investment in South Korean content over the next four years, as confirmed by streaming platform CEO Ted Sarandos after meeting with South Korean President Yoon Suk Yeol in Washington.
In a statement,…
Netflix ad-supported plan surpasses one million subscribers
The cheapest plan with ads offered by the Netflix streaming content platform has exceeded one million users despite its slow start, which is leading this modality to consolidate itself as one of the pillars for the company's growth.
The…
Netflix, number one in world traffic in 2022
According to a recent study, global Internet traffic reached a new record in 2022, with Netflix leading the list with 14.9 % of total volume, closely followed by YouTube with 11.6% and Generic OUIC with 5, 9 %
The study also revealed that…