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By Andrew MARSZAL LOS ANGELES, Oct 24, 2023 (AFP) – “Life on Our Planet,” the new natural history series from Netflix and Steven Spielberg, sets out to tell the entire, dramatic story of life on Earth in a serialized, “binge watch” format. Streaming globally from Wednesday, the show’s eight episodes transport viewers through Earth’s five previous mass extinction events, each recreated with computer-generated visual effects. As Morgan Freeman’s narration reminds us, life has always found […]
By Glenn CHAPMAN SAN FRANCISCO, July 19, 2023 (AFP) – Netflix on Wednesday said subscriptions to the media streaming service climbed by nearly 6 million in the wake of its crackdown on password sharing. The streaming giant finished the recently ended quarter with a total of 238 million subscribers and a profit of $1.5 billion, according to an earnings release. The bumper pickup in subscribers came as a potentially crippling writers and actors strike hits […]
by Claire LEE Agence France-Presse SEOUL, South Korea (AFP) — Netflix will invest $2.5 billion in South Korean content over the next four years, the streaming giant’s CEO Ted Sarandos announced after meeting with the country’s President Yoon Suk Yeol in Washington. South Korea has cemented its status as a global cultural powerhouse in recent years, thanks in part to the explosive success of the Oscar-winning film “Parasite” and the hit Netflix series “Squid Game”. […]
Netflix on Tuesday said that its number of subscribers hit a record high 232.5 million in the first quarter of the year and that its nascent ad-supported tier was faring well. The streaming television giant reported a quarterly profit of $1.3 billion, in line with expectations, but said it had delayed a broad crackdown on sharing of account passwords “to improve the experience for members.” Netflix said it expects to begin rolling out its options […]
San Francisco, United States (AFP) — TikTok is closing in on streaming giant Netflix when it comes to the amount of time US adults spend on the platforms, according to a report released Thursday by Insider Intelligence. TikTok use eclipsed that of YouTube two years ago and has continued to grow faster than the Google-owned video sharing platform, particularly among US adults in their prime earning years, the report indicated. “The amount of time US […]
by Claire LEE Agence France-Presse SEOUL, South Korea (AFP) — The challenge is straight from Greek mythology: hold a boulder aloft as long as possible. Korean car dealer Jo Jin-hyeong lasted over two hours, captivating global audiences in a reality show that could signal a new K-culture export success. After films such as Oscar-winning “Parasite” and TV series including Golden Globe-bedecked “Squid Game” helped popularize K-content overseas, industry figures have said South Korea’s high-quality reality […]
SAN FRANCISCO, United States (AFP) — US streaming giant Netflix on Thursday said it ended last year with more than 230 million global subscribers, beating analysts’ expectations as hits such as “Wednesday” and “Harry & Meghan” enticed new viewers. “2022 was a tough year, with a bumpy start but a brighter finish,” the company said in a letter announcing bumper fourth quarter earnings. Netflix also announced that co-founder Reed Hastings was standing down as CEO, […]
by Joe JACKSON Agence France-Presse LONDON, United Kingdom (AFP) — The first three episodes of a docuseries on Prince Harry and his wife Meghan air on Thursday, with expectations of more damaging claims about British royal family life. The six-part fly-on-the-wall documentary, “Harry and Meghan”, promises to lift the lid on events that prompted the pair to quit royal life and move to the United States in 2020. Trailers aired in the run-up to the […]
LOS ANGELES, United States (AFP) – World’s richest man. Tech tycoon. Social media mogul. Elon Musk goes by many labels, but is he also the inspiration for Netflix’s new whodunnit “Glass Onion: A Knives Out Mystery”? In the movie, a detective played by Daniel Craig investigates a murder on the private Greek island of tech billionaire Miles Bron. Bron, played by Edward Norton, is a brash entrepreneur and self-proclaimed genius who has made multiple fortunes with […]
SAN FRANCISCO, United States (AFP) — Netflix on Thursday said a subscription option subsidized by ads will debut in November across a dozen countries as the streaming service strives to jumpstart stalled growth. Netflix reported a loss of 970,000 subscribers in the second quarter along with stagnant profits, and its share price is down 63 percent from this time last year despite rising slightly on the ad-tier news. The new “Basic with Ads” subscriptions will […]
New York, United States (AFP) – With the launch of cheaper, ad-supported subscriptions, Netflix and Disney+ are expected to bite into the revenue of traditional television channels as the streaming services look toward continued expansion. After having long-shunned the notion of advertising on its platform, Netflix thisyear accelerated work on just such an offering as inflation prompts consumers to spend less and competition in the streaming television market intensifies. Netflix is expected to launch an […]
SAN FRANCISCO, United States (AFP) — Netflix reported losing subscribers for the second quarter in a row Tuesday as the streaming giant battles fierce competition and viewer belt tightening, but the company assured investors of better days ahead. The loss of 970,000 paying customers in the most recent quarter was not as big as expected, and left Netflix with just shy of 221 million subscribers. “Tough in some ways, losing a million and calling […]
