Netflix posted its weakest subscriber gains in four years as streaming competition increased, pandemic restrictions eased and live sports returned to television.
Netflix is showing more African-made content and working with telecommunications operators to make it easier for potential subscribers to make payments, a senior executive said on Tuesday.
Five years after it arrived in Africa, Netflix is struggling to grow beyond the wealthiest segment of the population, held back by poverty, piracy and limited access to broadband.
About three years ago, Reed Hastings set out to answer a question that had bedevilled Hollywood for the past decade: How did a small DVD-by-mail company build the most popular TV service in the world?
Netflix on Thursday elevated its content chief Ted Sarandos to co-CEO, making the 20-year veteran of the pioneering streaming video service a clear successor to co-founder Reed Hastings.
Whatever Netflix’s second quarter results show, it’s clear that the Covid-19 crisis is fortifying the company’s lead in streaming TV entertainment.
Netflix is revealing its biggest blockbusters for the first time. The list provides the clearest picture yet of what types of movies are most popular on Netflix, which has historically been secretive about viewership.