Netflix stock soars toward two-year-high as subscribers surge
About a fifth of all Americans and Canadians subscribe to Netflix, boosting the streaming titan to record 2023 profits.
Streaming
Disney ‘repeatedly misled investors’ about streaming losses, lawsuit alleges
The slumping Hollywood titan faces yet another challenge from investors frustrated with the stock’s underperformance.
Streaming’s price hikes: Spotify is set to get more expensive: reports
Spotify plans to raise the price of its advertisement-free premium streaming plan by $1 a month, sources told the Wall Street Journal on Friday, as the streaming giant looks to remain competitive in a growing streaming marketplace, following similar moves by Netflix and Peacock.
The Netflix password sharing crackdown is about to begin
Netflix is poised to crack down on password sharing outside of households, the online streaming giant has confirmed. Announcing its Q4 results, Netflix said it would roll out a paid option for those who want to share their accounts. “Today’s widespread account sharing (100M+ households) undermines our long-term ability to invest in and improve Netflix, […]
Netflix co-CEO stands down after a rocky year for streaming service
Netflix added a stronger-than-expected 7.7 million subscribers in the last quarter of 2022, rebounding from losses in the first half of the year.
Netflix adds 2.4 million subscribers after months of declines
In November, Netflix plans to launch a cheaper ad-supported tier, the first time ads will be coming to the streaming service.