video streaming

Netflix’s Global Paying Users Exceeded 260 Million in 2023: Strategic Marketing Spending Paid Off

Netflix, Inc. (NASDAQ: NFLX) has unveiled its financial results for the fourth quarter and the full fiscal year, ending December 31, 2023, and the results are noteworthy. The OTT streaming giant registered a 12.5% YoY and 3.4% QoQ growth...

Netflix Decoding India’s Streaming Landscape: Revenue Grew 24% YoY, While Profit Surged 75% YoY in FY23

Netflix is making significant strides in India's OTT streaming market, evident from its recent filing. The streaming giant reported an impressive 24% YoY growth in its operating revenue, amounting to Rs 2,214 crore in FY23, ending March 31, 2023....

Netflix Subscriber Count Reaches All-Time High in Q3 2023: Surprise Price Hikes Unveiled!

Netflix unveiled its third quarter financial results that ended on September 30, 2023, and it is nothing sort of remarkable. The streaming giant reported its best quarter with impressive growth in global revenue, net profit and paid subscriber base....

Disney+ Hotstar is Hard Hit by JioCinema’s Triumph and IPL Rights: 20.9 Million Paid Subscribers Left in FY 2023

The Walt Disney Company (NYSE: DIS) has just revealed its financial results for the third fiscal quarter ending July 1, 2023. Unfortunately, the quarter saw unfavourable developments for the company with respect to revenue, profits, and subscriber expansion. Disney's...

End of Netflix Password Sharing in India: A Shot In Arm or A Shot In Foot?

In a whirlwind of entertainment evolution, Netflix, Inc. (NASDAQ: NFLX) has been making waves with its revolutionary updates over the past year. One of these game-changing transformations is the epic battle against password sharing. Started in the United States,...

Netflix subscription prices in India are slashed by 20% to 60%: Aims to convert freeloaders into paid subscribers

Amidst the intensifying competition, the price of Netflix subscriptions in India has been slashed further. Taking a cue from the success of its business strategy in India, Netflix, the well-known OTT entertainment player, has decided to slash the price of...

Google hiked YouTube TV subscription price, blaming the rising cost of content

Recently, a growing number of social media and video streaming behemoths have reduced their reliance on advertising and introduced or hiked subscription charges. In exchange for seamless, ad-free access to their favourite movies and TV shows, consumers are also...

Disney+ Hotstar’s Fate Hangs in the Balance: May Lose 15 Million Paid Subscribers!

Disney+ Hotstar, India's largest OTT platform, has disrupted the entertainment sector. With its vast collection of movies, TV shows, and live sports events, the platform has become a one-stop destination for all kinds of entertainment needs. However, in a...

Netflix growth in 2022: Despite adding nearly 9 million paid streaming subscribers, revenue & profit declined

The year 2022 has been a rollercoaster ride for the global streaming giant Netflix. In its 2022 earnings release, the company exceeded Wall Street expectations by adding a significant number of paid streaming subscribers to its OTT platform. The number of...

Decoding Netflix failure of keeping subscribers glued despite having extremely successful shows

Netflix has been dominating the global streaming market for the past decade. The market equations, however, are changing fast as everyone is maturing in the game and is fast catching up now. This is the most important takeaway from Netflix’s...
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Amazon Makes Historic Bet on AI: $4 Billion Fuels Anthropic’s Generative Engine

AI investments have skyrocketed in the last three years, with tech giants placing their bets on the transformative power...
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