The collapse of Netflix shares on Wednesday is the latest drastic sign that investors are abandoning streaming services and other pandemic winners.
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Netflix’s revelation that it will introduce advertisements was met with a mix of shock, cheers and scepticism from the advertising community.
Losing customers for the first time in a decade, Netflix is throwing out all of its old rules.
Walt Disney Co has provided more details about the launch in South Africa next month of Disney+, the company’s fast-expanding streaming service.
Disney+ will be launched in South Africa on 18 May. But how does it compare to Netflix, Showmax, Prime Video, BritBox, Apple TV+ and others?
Walt Disney Co has announced the launch price and date of the Disney+ streaming service in South Africa.
The strong subscriber additions by Disney+ in the latest quarter helped Walt Disney Co’s flagship streaming service close the gap with market leader Netflix.
Walt Disney Co’s Disney+ subscriber growth has restored faith in the future of streaming video, lifting shares 8% after hours on Wednesday.
Walt Disney Co has confirmed one of the worst-kept secrets in the South African streaming space: Disney+ will launch locally “this winter”.
By the end of Netflix’s 45-minute earnings interview on Thursday, its stock was down more than 20% and a pall had been cast over the entertainment industry.