News tagged: Netflix
The ongoing and ever increasing original content push from Netflix will include 80 original films next year, says chief content officer Ted Sarandos. Those films cover a variety of budgets, with Bright (starring Will Smith) and The Irishman at the higher end.
Netflix added another 5.3 million subscribers during the third quarter of 2017, beating its own projections. The streaming service told investors it was only going to add an estimated 4.4 million, making this report a delightful surprise. It'll add over 6 million next quarter.
Just in 2018, Netflix could end up spending $8 billion on original content in the form of movies and TV shows. The streaming service continues to invest in content in order to maintain its lead in the industry. Netflix has been pushing its original content library for five years.
It has been rumoured for quite some time that Netflix is in financial trouble with $5 billion in current debt and that it could raise prices to earn some money. Exactly that is now happening to its top-tier and standard plans, while the basic plan remained intact.
Netflix is rolling out price hikes again, with its most popular plan increasing by $1. Those who want access to 4K content will see an even greater increase, with it going from $12 to $14 per month. The service has three plans, with the now $11 one being the most popular.
Netflix's dominant position in the online video streaming industry isn't going to disappear in the foreseeable future, says a report from UBS. The bank believes Netflix's "competencies in both content and technology will drive a virtuous cycle of greater subs."
Apple's latest smartphones have just received HDR support on Netlifx. The Netflix for iOS app has now received an update for HDR support for iPhone 8, iPhone 8 Plus and iPhone X users. Aside from new iPhones, the newest 10.5-inch iPad Pro and 12.9-inch iPad Pro models also
Hulu's total investment in programming this year will be $2.5 billion. While that's a large amount of money, it's far less than what Netflix and Amazon, two of its main competitors, are spending. CEO Mike Hopkins revealed the investment figure at an event in NYC.
Netflix was trying to reach a deal with Disney that would have let it keep Star Wars and Marvel content past 2019, but Disney CEO Bob Iger has confirmed those movies will indeed leave the streaming service. Netflix had been fighting to keep the content during the past month.
T-Mobile is now including free Netflix service with its family plan. ONE customers can view as much content from the streaming service as they like, with a monthly plan normally worth $10. This bonus, known as the carrier's "Netflix on Us" offer, is available with 2+ lines.
Netflix has been busy the last few months with adding HDR support for new devices. Today, more devices have been added to the list, including flagship Samsung Galaxy Note 8 and Sony Xperia XZ1. The HDR streaming allows for better image, with darker darks and brighter highlights.
Netflix has quietly added HDR video streaming support on the Galaxy Note 8 to its mobile app, making the Samsung handset the fourth smartphone to receive HDR streaming. That support will immediately be available when the Samsung device is released on September 15.
Though Disney is going to pull its catalog from Netflix in favor of its own streaming service in 2019, Netflix is fighting to keep the company's Star Wars and Marvel content. "Active discussions" currently exist around the topic and they could help Netflix.
In a blow to Netflix and in a potentially risky move for Disney, all of Disney's content is going to be removed from the popular streaming service. Instead of furthering its distribution deal with Netflix, Disney has opted to create its own streaming option.
Netflix may be doing well in terms of subscriber growth, but its financial status is somewhat marred by the existence of $20 billion in debt, according to the LA Times. Much of that debt has accumulated due to the streaming service investing large amounts in original content.
HDR displays still aren't typical in the smartphone industry and one of relatively few handsets with one is the Sony Xperia XZ Premium. Though that has the potential to improve video quality, it only matters when applicable content is available, such as from Netflix.
With a 233% rise in revenue over last year, Netflix had more revenue than any other mobile application during the second quarter. Sensor Tower reports the streaming service grew to $153 million in revenue during a three-month period. Netflix also gained many subscribers.
After many users complained about throttling on YouTube and Netflix, Verizon Wireless confirmed service had been altered by a "video optimization" system test. Without going into detail, it appears that test throttled download speeds, capping them at 10 Mbps.
Streaming service Netflix revealed it now has more than 100 million paying subscribers. Just in the past three months it was able to add 5.2 million customers. The last quarter saw more US customer additions than any quarter since 2011. That growth has come despite price changes.
AT&T will include offline viewing capabilities in its DirecTV Now cable-free streaming service next year. The upcoming feature was announced on Thursday, with AT&T saying it'll give users the ability to "download and go." It didn't detail exactly how the functionality would work.