The plan, priced at $6.99 per month in the US, now accounts for more than half of all new Netflix sign-ups in regions where it is available
While the subscriber gains topped analyst predictions of 5 million, Netflix issued cautious guidance for the third quarter
Series and movies from India clocked over 1 billion views on Netflix in 2023, the streaming service said on Friday in its second engagement report. The report, titled "What We Watched: A Netflix Engagement Report", presented the streaming service's viewership data for the period of July to December 2023. Subscribers across the world watched about 90 billion hours of content on Netflix in the second half of 2023. From India, Sujoy Ghosh's "Jaane Jaan" was the most watched movie on Netflix with 20.2 million views, followed by Shah Rukh Khan's "Jawan" with 16.2 million views and Vishal Bhardwaj's "Khufiya" with 12.1 million views. The other popular titles include "OMG 2" (11.5 million views), "Lust Stories 2" (9.2 million views), "Dream Girl 2" (8.2 million views) and true-crime documentary "Curry & Cyanide" (8.2 million views). From the series that were launched on Netflix, "The Railway Men", starring Kay Kay Menon, Babil Khan and Divyenndu, turned out to be the top title. The ...
The jump comes at a time when streaming companies are facing stiff competition
Driven by new series, ad-supported tier, and enhanced subscriber policies, Netflix achieved $2.3 billion in net income and $9.3 billion in revenues during the January-March quarter of 2024
Shares of Netflix climbed as much as 8.9 per cent to $535.91 in extended trading after the earnings announcement
The Delhi High Court has issued summons to Super Cassettes and Netflix on a plea by Cine 1 Studios, a co-producer of Bollywood film "Animal", seeking to restrain the release of the movie on digital streaming platforms and its satellite broadcast. The movie, directed by Sandeep Reddy Vanga, was released in theatres on December 1, 2023 and is set to be released on Netflix on January 26. The high court issued summons to Super Cassettes Industries Pvt Ltd, a co-producer of the film, and Cluver Max Entertainment Pvt Ltd (formerly known as Sony Pictures Networks Ltd) with whom an agreement was signed for granting of satellite rights of the film. Justice Sanjeev Narula said the three defendants shall also file affidavits of admission or denial of the documents produced by the plaintiff, without which their written statements will not be taken on record. Thus, let the plaint be registered as a suit. Issue summons, the high court said in its order passed on Thursday. While Cine 1 Studios P
The streaming platform may raise prices in other countries, including India, after hiking prices for basic and premium plans in US, UK, and France
Almost 9 million subscribers joined Netflix around the globe in the third quarter, surpassing Wall Street analysts' forecast for 6 million, according to LSEG
Since it announced a crackdown on password sharing, Netflix has been rapidly gaining subscribers and has already added six million new accounts globally
Netflix is expected to add 3.43 million subscribers in the April-June quarter, compared with 970,000 subscriber losses in the year-ago quarter
These measures are part of a plan by Netflix to discourage users from sharing passwords and boost its revenues
Password-sharing crackdown: Company shares details
Since announcing its entry into the gaming market, Netflix has 35 games available and 14 more in development in its own studios
Netflix Inc may have calmed investors' worst fears with a second-quarter subscriber loss that was better than expected
Streaming giant Netflix added 1.1 million (11 lakh) paid subscribes in the Asia-Pacific region in the second quarter (Q2) this year.
Netflix is hoping to attract a new group of price-conscious customers and turn around its sliding membership numbers with a new ad-supported streaming bundle scheduled to launch in early 2023: Variety
A Netflix experiment to crack down on password sharing outside of households has left users flummoxed, forcing some of them to cancel their subscriptions
Currently, Netflix's Standard and Premium subscribers in its handful of test markets are being offered the option to add 'sub-accounts' to their service for people they don't live with
"Squid Game" debuted on Sept. 17 and surprised executives by becoming the streaming service's most-watched original series in its first month