by Virginia Anziano | Jan 19, 2023 | OTT / VOD
While presenting its Q4 2022 financial results on January 19, Netflix announced that co-founder Reed Hastings was stepping down as CEO, but would go on serving as Executive Chairman. Hastings had been sharing the position with Ted Sarandos since mid-2020. From now on,...
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Netflix plans to launch live streaming
by Virginia Anziano | May 16, 2022 | OTT / VOD
Netflix executives are exploring a new field. According to US website Deadline, the streaming platform plans to add live shows to its content. The information published on the specialized website is that live content in development includes unscripted programs, such...
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Netflix intends to introduce an ad-supported, lower-priced tier by the end of 2022
by Virginia Anziano | May 10, 2022 | OTT / VOD
According to The New York Times, Netflix executives told the staff that they had set the goal of implementing the plan to launch an ad-supported, lower-priced tier by the end of the current year, more specifically in the last quarter. Just two weeks before, the...
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Having lost subscribers worldwide for the first time in ten years, Netflix considers lower cost, ad-supported plan
by Hernán Amaya | Apr 20, 2022 | OTT / VOD
For the first time in the last ten years, Netflix has reported a quarterly drop in its subscriber base on a global scale. The streaming platform lost 200,000 users in the first quarter of 2022, with subscriber count totaling 221.64 million. Shortly afterwards, Co-CEO...
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Netflix does not rule out acquiring rights to live sports
by Gustavo Hernández | Sep 27, 2021 | OTT / VOD
During an interview conducted by German magazine Der Spiegel, Netflix founder and Co-CEO Reed Hastings said that even though entering the live sports market is not easy, it is an option to be pondered should the opportunity arise. The head of the streaming platform...