Page 4 - Streaming Services

Hit by slow revenue growth, Streaming giant Netflix lays off 150 employees

Streaming giant Netflix has laid off nearly 150 employees, primarily in the US, as it suffers from slow user growth amid stalled paid subscription.

Paramount+ announces 2023 India launch in partnership with Viacom18

Paramount+, the global streaming service from Paramount Global, will launch in India in 2023 in partnership with Viacom18, as part of a recently announced agreement. Bob Bakish, President & CEO, Paramount, outlined the company's global plans for the streaming service during its first quarter Earnings Report announcement on Tuesday. The streamer will also be launched in South Korea in June and head to Italy, Germany, France, Switzerland and Austria in the second half of the year, a press release from Paramount stated. "Paramount is known for its leading portfolio of premium entertainment brands and a robust content engine that fuels our rapidly expanding streaming service, Paramount+. This year will be monumental for our streaming strategy as we accelerate our global ambitions, rapidly expanding Paramount+ in Europe beginning with the UK, Italy, Germany, France and more by the end of this year and debut in Asia with South Korea in June, followed by India in 2023," said Raffaele ...

Streaming wars: Netflix tries to beat the India blues as rivals race ahead

More Indian languages, bigger films and shows, and an ad-supported version are being rolled out as the global streaming service works to crack one of the world's fastest-growing streaming video market

Netflix lays off seasoned journalists after abysmal Q1 results

Netflix has reportedly laid off several experienced journalists and writers working for its entertainment site Tudum which it launched only in December last year

The battle between Bezos and Ambani continues, this time for cricket

Both Amazon Chairman Jeff Bezos, the second-richest person in the world, and Ambani, No 9, want to dominate India's large - and still highly informal - retail industry

It is early yet for a report card on OTT biz: Amazon Prime Video's Gandhi

Lunch with BS: Meet Gaurav Gandhi, Country Head of Amazon Prime Video, India

There is a blurring of lines between linear TV and OTT: Matt Forde

BBC Studios India has seen massive growth in scripted series, particularly on OTT, says Forde

ViacomCBS changes name to Paramount in a bid to boost streaming future

The switch to Paramount, effective on Wednesday, was announced as the company made a presentation to drum up excitement among investors about its future strategy and programming

Bangladesh releases draft rules to regulate OTT, based on India's IT norms

Earlier this month, a more elaborate draft containing the rules was published, which has sought opinions from the public and stakeholders.

Amazon, Netflix to bolster Indian release lineup with content worth $54 mn

The pandemic, which forced people to consume more entertainment online, also exposed India's almost 1.4 billion population to varied geographies and niche genres on an unprecedented scale

Netflix needs new subscribers. Its Korean playbook is its secret weapon.

Over the past six months, South Korea has contributed more popular Netflix programmes than any country other than the US.

OTT challenges and only one bonafide hit, Bollywood battles the blues

Kabir Khan's 83, starring Ranveer Singh as cricketer Kapil Devi, had been awaiting release for over a year. Despite good reviews, it never really got to test the box office waters

Amazon Fire TV Stick 4K Max review: Adding some zing to mediocre screens

Amazon Fire TV Stick 4K Max's top-notch performance, rich app library, excellent connectivity, and easy-to-use remote control breathe life in screens that otherwise disappoint due to modest hardware

Realme 4K Smart Google TV Stick review: Capable streaming device on budget?

Based on the Google TV platform, the Realme 4K TV Stick shares fundamentals with the Android TV platform, but with a touch of novelty in the form of a redesigned user interface

'Squid Game' frenzy helps Netflix top subscriber targets

"Squid Game" debuted on Sept. 17 and surprised executives by becoming the streaming service's most-watched original series in its first month

Netflix estimates South Korean show 'Squid Game' will be worth $900 mn

About 132 million people have watched at least two minutes of 'Squid Game' in the show's first 23 days, smashing the Netflix record set by 'Bridgerton'.

Fighting rivals, Netflix changes plotline with Seinfeld and Stranger Things

Covid-related delays made for a light roster of 2021 shows at the streaming giant, just as competitors such as Disney+ and HBO Max from AT&T Inc. have been gaining a foothold in the market.

Netflix takes The Crown at Emmys as streaming dominates TV's awards night

The Emmy Awards were a reminder of just how much the industry has changed since Netflix released "Lilyhammer," its first original series, in 2012.

LG Electronics to expand streaming service LG Channels on smart televisions

LG Electronics on Tuesday said it will expand its streaming service on smart TVs as the tech giant tries to increase its presence amid the pandemic-driven stay-at-home trend

Netflix plans to offer video games in push beyond movies and TV shows

The games will appear alongside current fare as a new programming genre: similar to what the streaming service did with documentaries or stand-up specials.