Netflix reports more than 230 million users worldwide at the end of 2013. The company claims to have attracted 7.7 million new subscribers in just three months. Co-founder Reed Hastings steps down as CEO after 25 years in charge. Some number of new subscribers likely came in on Netflix’s ad-supported tier. Netflix, the US streaming … Read more
Netflix co-CEO Ted Sarandos said ad-supported tier will launch by 2022. Corporation lost 200,000 users between Q1 2022 and Q4 2021. Netflix is launching a lower tier after losing customers for the first time in over a decade. Netflix co-CEO Ted Sarandos said in an interview at Cannes Lions that the business will create an … Read more
Netflix, the world’s largest streaming video service, has issued a global warning about password sharing. This time, it appears to be a serious warning, and it may signal the end of the widespread habit of borrowing a family member’s or friend’s — or even a casual acquaintance’s — login information. Netflix says that more than … Read more
Netflix co-CEO Reed Hastings said Tuesday that after years of opposition to ads on its streaming service, the company is now “open” to offering lower-priced tiers with ads. Hastings has traditionally opposed introducing advertisements or other advertising to the platform, but he said it “makes a lot of sense” to offer users a cheaper choice … Read more
