netflix
The International Olympic Committee (IOC) announced on Thursday the production of three sports documentary series for the 2024 Paris Olympics in collaboration with Netflix. The series will be premiering on Netflix throughout the rest of this year and into early 2025. In "RISING," the series will follow US gymnast Simone Biles as she hopes to to return to the world’s biggest sporting stage at Paris 2024. "Sprint" will document the lives of "the fastest people on the planet," including Sha'Carri Richardson, Noah Lyles and Shericka Jackson, while "Olympic Men’s Basketball" will show the battle to...
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Netflix Inc announced on Friday that it plans to stop sharing specific subscriber data from the first quarter of 2025. Netflix said it plans to stop sharing its quarterly subscriber numbers, a key metrics, and average revenue per member. For the second quarter, the video streaming giant also projects sequentially lower paid net additions, saying it's due to typical seasonality, while global ARM would be up year-over-year. For the quarter, revenue growth is expected to be 16%. In its first quarter, while reporting higher profit and revenues, the company said it gained 9.3 million new subscriber...
DPA Breaking News
Netflix continues to grow rapidly and clearly exceeded Wall Street's expectations in the past quarter. The video streaming market leader added 9.33 million subscribers in the past quarter, it said in a Thursday letter to shareholders. On average, analysts had only expected growth of around 4.9 million customers. Driven by strong user growth, Netflix also exceeded forecasts in terms of revenue and profit. Netflix now has 269.6 million paying customers worldwide. The upward trend last year was triggered by the crackdown on password sharing beyond a single household. At the same time, the service...
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Streaming giant Netflix has decided to cut off users paying their subscriptions through Apple's payment system to avoid the latter's 30% charge on third-party payments. "Members on the basic plan who were using an iTunes method of payment" will now have to pay the company directly using a credit or a debit card, Momo Zhao, a Netflix spokesperson told to the Verge website. The video streaming platform's new decision would affect users from countries such as the US and Canada, the spokesperson added. The latest decision comes as Apple charges a commission of 30% on third-party payments. Netflix ...
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