Netflix

Streaming Service Showdown: Highlights from Hollywood's Annual Awards

4 days ago

In the ever-evolving landscape of entertainment, annual awards ceremonies provide a pivotal moment to reflect on the best and worst of the industry. Recently, a popular newsletter from Bloomberg unveiled the outcomes of its survey, revealing insightful perspectives on the best streaming service, the least favored studio, and the top director in Hollywood for 2024.

Lessons Learned from Netflix's Live Broadcast of Mike Tyson Fight

1 month ago

Recently, Netflix made headlines by entering the realm of live sports broadcasting with its airing of the much-anticipated Mike Tyson fight. This venture not only marks a significant milestone for the streaming giant but also offers valuable insights into the complexities of live event broadcasting in today's digital landscape. As Netflix navigates this uncharted territory, there are several key takeaways that can inform future live events.

Beyoncé to Make Major NFL Debut with Netflix in Game-Changing Collaboration

1 month ago

In a groundbreaking development, global music icon Beyoncé is set to join Netflix for her debut with the NFL, marking a significant step in the streaming service's strategy to elevate its mega-events portfolio. This collaboration is not just a landmark moment for Beyoncé but also signals a fresh approach for Netflix as it aims to capture the attention of the sports and entertainment audience.

Netflix’s ‘Squid Game’ Director Bets on Season 2 to Elevate Global Franchise Appeal

1 month ago

In a bold move to bolster the already heightened global interest in Netflix's transformative series, 'Squid Game,' director Hwang Dong-hyuk has hinted at ambitious plans for the upcoming second season. This announcement comes amidst growing anticipation and speculation regarding the direction and potential impact of the follow-up to the original series that captured the world's attention and sparked conversation in countless homes and platforms alike.

MultiChoice CEO Announces $3 Billion Canal Deal: A Strategic Move Against Netflix in Africa

1 month ago

In a bold statement reflecting the intense competition in the African entertainment landscape, MultiChoice CEO Calvo Mawela emphasized the necessity of a $3 billion Canal deal to effectively compete with streaming giant Netflix across the continent. This announcement comes amid growing concerns about the increasing dominance of Netflix and other international players in the African market, which has led to significant shifts in viewership and content consumption patterns.

Netflix Surpasses 70 Million Users on Ad-Supported Plan

1 month ago

In a significant milestone for the streaming giant Netflix, the company has announced that over 70 million users are now engaging with its ad-supported subscription plan. This development marks a crucial shift in Netflix’s business strategy as it adapts to the competitive streaming landscape and seeks new revenue streams amidst slower subscriber growth.

Bloomsbury's Stock Skyrockets Amid Fantasy Craze Fuelled by Netflix

2 months ago

Shares of Bloomsbury Publishing surged following a remarkable boost in market confidence attributed to the rising popularity of fantasy series on Netflix. This surge in viewership for fantasy narratives has not only created a renewed interest in associated literary works but has also paved the way for Bloomsbury's optimistic financial outlook.

Philippines Imposes 12% Value-Added Tax on Netflix, HBO Services

3 months ago

The Philippines is going to impose a 12% Value-Added Tax on streaming services, such as Netflix and HBO. This is part of the broader move by the government in capturing taxes from such digital services that have seen a rise in their consumption throughout the COVID-19 pandemic.

DirecTV CEO Foresees a Horizon Beyond Satellites in Massive Pay-TV Union

3 months ago

But that is an ambitious attempt which might completely change the face of the pay-TV industry as the chief of DirecTV has mapped out a new path for the company-a path that goes beyond traditional satellite broadcasting in the aftermath of this giant merger. At the helm of affairs at DirecTV, John Donovan has unveiled the company's road map of using new technologies to bolster its position in the light of dynamic consumer preference.

Netflix Faces User Exodus Amid Controversy Over Reed Hastings' Political Donation

3 months ago

In a weird twist of events, it just found its way right to the middle of a hot political debate, which ultimately saw it lose lots of users. This was in reaction to a donation that Reed Hastings, co-founder and former CEO of Netflix, made a while ago to Vice President Kamala Harris.