Netflix has told the South African Investment Conference that it plans to invest R900-million in local content production over the next two years.
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MultiChoice Group, seeking to end the practice of password sharing on its DStv streaming service, has begun enforcing a new rule that limits streaming to one device at a time.
Netflix is testing features including one that will allow accounts to be shared outside members’ households at an extra cost.
A senior Netflix executive said the company had no current plans to offer a streaming option that included advertising but declined to rule it out in the future.
Cloudflare won’t stop providing the services, despite claims it’s getting in the way of cyberattacks meant to protest Russia’s invasion of Ukraine.
Netflix has suspended its service in Russia, less than a week after it temporarily stopped all future projects and acquisitions in the country.
Business software giant Oracle has suspended all operations in Russia, while rival SAP has announced it will pause all sales in the country following Moscow’s invasion of Ukraine.
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.
A whopping $600-billion of cash stashed at mega-cap technology companies could drive a wave of deal-making in the sector.