by Hernán Amaya | Apr 19, 2023 | OTT / VOD
In its latest financial results, Netflix reported a decrease in the number of subscribers in the first quarter of 2023 in Latin America. Having lost 450,000, the OTT closed the period with 41.25 million customers. It is the second time in Netflix’s history that the...
Latin America:
Netflix lowers prices in some countries for the first time in Latin America
by Hernán Amaya | Feb 14, 2023 | OTT / VOD
For the first time in the region, Netflix has lowered the monthly price of its plans only in some Latin American countries. Without having issued any press release or launching any advertisement announcing the reduction, the streaming platform is notifying its...
Global:
Reed Hastings steps down as Netflix CEO
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,...
Global:
Live streaming of SAG Awards to mark Netflix’s entry into new segment
by Hernán Amaya | Jan 11, 2023 | OTT / VOD
Netflix is making progress in the area of live streaming. On January 11, the OTT announced it had entered into an agreement to be granted a global license to stream SAG (Screen Actors Guild) Awards ceremonies, which are among the most important events in the global...
Global:
Netflix falls short of ad-supported tier initial viewership targets and lets advertisers take money back
by Virginia Anziano | Dec 16, 2022 | OTT / VOD
The new low-priced ad-supported tier launched by Netflix last November has failed to come up to the viewership targets expected for the first stage, as a consequence of which the company has decided to allow advertisers to apply for reimbursement of the money paid for...