More subscribers equal more revenue, which leads to more content investments, which lead to more engagement, which leads to more subscribers once again. And that’s before the ad business really starts clicking.
Amazon is shifting its Prime Video strategy to boost profitability by focusing on live sports while downscaling investment in original shows and movies. By securing broadcasting rights for NBA and NFL,
Amazon's Prime Video has shifted its strategic focus towards live sports and away from original television shows and movies, seeking to meet internal corporate profit targets, The Information reported on Friday.
Here is a minute's worth of news that is driving the market. Netflix (NFLX) shares are soaring on better-than-expected fourth quarter earnings. The streamer also added a whopping 18.9 million subscribers in the quarter.
EXCLUSIVE: Netflix’s Africa content team has reshuffled with ex-Amazon exec Kaye-Ann Williams brought in to oversee TV and movies as Tendeka Matatu exits. Williams takes on the newly-created Director of Scripted Content role and will focus on local productions,
Netflix remains a strong player but lacks the upside potential and risk-reward balance to justify its valuation and is unlikely to outperform the market. Read more here.
Also starring Julia Fox, Chris Sullivan, and Callina Liang, Presence originally premiered at Sundance Film Festival last January, where Neon bought the distribution rights in a $5 million deal. Critics described the film as a “slow burn,” despite the film’s brief 85-minute runtime, so settle in.
Mel Gibson’s so-called movie jail continues to be lenient, because the director is once again back with a new action blockbuster starring Mark Wahlberg, aka Flight Risk, which opens in movie theaters this weekend.
and Amazon. Netflix took Wall Street’s growth and earnings-based selling to heart, revamping its business over the last few years. Netflix started cracking down on excessive account sharing.
The company raised subscription prices across most plans in the U.S. and several other markets. It added 19 million subscribers in the fourth quarter of last year.
For real life! Bluey was the most-streamed television program of 2024, topping a list that includes everything from Grey’s Anatomy to Family Guy. Per Nielsen, the Australian kids’ series recorded 55.62 billion minutes viewed across all 154 episodes available on Disney+ between Jan.
Netflix has shared a look at their upcoming true crime documentary, American Murder: Gabby Petito, which is set to launch on the streaming platform next month