Over the past 10 years, Netflix Inc. has led a revolution in the way the world consumes entertainment, and in doing so, it ruled over Wall Street.
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The video entertainment industry’s struggle to adapt to the new terminology sparked a merger mania that has rapidly condensed the market for pay-television services into the hands of a powerful few.
The streaming singularity has arrived, as the largest video service is making a show about the largest audio service.
The Irishman, the thee-and-a-half hour gangster epic that debuted on Netflix last week, was seen by 13.2 million US viewers over its first five days of release, a solid showing for a film on the streaming service.
The media ecosystem is undergoing a massive change as streaming video looks to extend its recent dominance over traditional distribution, according to research firm MoffettNathanson.
Walt Disney’s much-anticipated debut of its new streaming video service was marred by technical glitches and crashes for some users, though it still stirred excitement online.
A coalition that includes Netflix is stepping up efforts to crack down on password sharing, discussing new measures to close a loophole that could be costing companies billions.
It is not the SABC’s intention to compete with Netflix. Its video streaming plans are a smart move by management that deserve praise, not scorn. By Duncan McLeod.
Netflix is selling bonds as it continues to bolster its original content in the face of expanding competition.
Netflix delivered enough good news on Wednesday to allay concerns about looming competition from Walt Disney and Apple.