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...
Global:
On the eve of Disney+ ad-supported plan’s launch, Disney reappoints Iger as CEO
by Virginia Anziano | Nov 21, 2022 | Audiovisual Market in General
As a result of an unexpected decision, The Walt Disney Company announced on November 20 that Robert Bob Iger would take over as CEO again after his departure in February 2020. The move is made on the eve of the debut of Disney+ Basic, the company’s new version of its...
Global:
Netflix to make its live content debut with a show by Chris Rock
by Virginia Anziano | Nov 11, 2022 | OTT / VOD
On November 10, Netflix announced its decision to move into the live content segment. The debut will be marked by a show to be performed by US comedian Chris Rock, which will be available worldwide. Although no specific date has been set yet, the special is intended...