Netflix scaling back movie output, cuts jobs in restructuring
Netflix produced more original movies than any other Hollywood company in recent history.
'Stranger Things' is getting a stage play in late 2023
“Stranger Things: The First Shadow,” an adaptation of the hugely popular Netflix sci-fi drama, will take place in 1959 in the fictional town of Hawkins, Indiana.
Netflix lowering prices in 30 countries
The price cuts will be in countries in the Middle East, sub-Saharan Africa, Europe, Latin America and Asia.
Netflix releases update on password sharing
Netflix is planning to crack down on password sharing, including having subscribers pay more money to share their accounts with people not living in their household.
Netflix password-sharing crackdown details released
Netflix has said it plans to launch the paid-sharing system 'more broadly' later in Q1.
Netflix plans to stop users from sharing passwords by end of March
Netflix plans to bar users from sharing passwords for free by the end of March of this year.
Netflix is hiring a flight attendant for one of its private jets—and the job pays up to $385,000
Job candidates can apply now for the role on the Netflix website for a chance to travel and earn a quality salary.
Netflix officially launches ‘Basic with Ads’ option
The anticipated ad-supported plan will cost U.S. subscribers $6.99 a month.
Netflix to begin monetizing account sharing in early 2023
Consumers sharing their Netflix account with family or friends outside their household will have to pay extra starting early next year.
Netflix subscriber growth expands 2.4 million after two quarters of decline
Netflix on Tuesday also revealed details about plans to "monetize account sharing" that it said will start being implemented in 2023.
Netflix's ad-supported plan gets launch date, price
Under Netflix's new "Basic with Ads" plan, users will see four to five minutes of ads per hour on average, with the ads each being 15 or 30 seconds long.
US streaming outpaces cable, broadcast TV for 1st time ever in July
“It was inevitable,” one professor of television studies said. “I knew it had to happen, but I didn't know it would happen as quickly as it did.”
Netflix CEO predicts linear TV downfall within the next decade
Netflix said the company drew more TV viewing time than any other outlet during the 2021-2022 TV season.
Netflix chooses Microsoft for ad-supported subscription plan
Netflix is soon adding a lower-priced, ad-supported plan to its list of subscription options — something the streaming giant had been hesitant to do in the past.
After mass layoffs, Netflix to add cheaper ad-supported tier to streaming service
In the first quarter of 2022, Netflix reported a loss of 200,000 subscribers, its first decline in over a decade.
‘Reinventing Anna’: Scammer Anna Sorokin plans to sell NFTs that grant access to her
A select group of top holders will have access to personal items from her time in prison, personal sketches drawn by Sorokin herself and even one-on-one calls with her.
Netflix announces 'Squid Game' reality show with $4.56 million prize
"Squid Game: The Challenge" will feature 456 real-life players competing in "Squid Game"-inspired games. Casting for the show is now open.
Netflix explores livestreaming with plans to launch unscripted content, events
While the streaming company is currently in the early stages of development, its efforts are concentrated on unscripted content and live events.
Netflix lays off 150 employees amid subscriber losses
Netflix said the positions represent 2% of the streaming company’s total workforce, which includes nearly 11,000 employees. Most of the employees were U.S.-based.
Netflix considers lower-price plan with ads amid drop in subscribers
Netflix is open to a lower-price tier with advertising as the company grapples with a drop in subscribers. Other looming changes include minimizing password sharing.