Netflix on Tuesday said it was ending its DVD mailing service in September, marking the end of an era for the Los Gatos streamer as it evolves its business to compete with rivals.
The company also has looked for new revenue streams by compelling non-paying Netflix users to buy for a subscription. In the first quarter, Netflix’sexpanded to more countries including New Zealand and Canada. It has yet to come to the U.S.
While Netflix remains the dominant subscription streaming service, its market share in streaming revenue is shrinking due to increased competition. By the end of the year, Netflix is expected to have a 26.3% share of U.S. subscription streaming revenue, down from 49.1% in 2018, before the launch of rivals like Apple TV+ and Disney+, according to research firm Insider Intelligence.
Popular series in the first quarter include action thriller “The Night Agent” that has drawn more than 605.6 million hours of viewing time since it launched on March 23 and is the 9th most watched show on Netflix, based on hours watched in the first 28 days on the service. But Netflix stumbled last Sunday when it planned to live broadcast the “Love is Blind” season 4 reunion show, which went awry, causingIt was the second time Netflix delved into live programming following
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Netflix will shut down its DVD rental business in September | EngadgetNetflix is shutting down its DVD rental business in September after 25 years..
Leer más »
Netflix Winds Down DVD-Rental BusinessNetflix plans to ship its last red DVD envelopes in September, ending 25 years of mailing shows and movies to subscribers.
Leer más »
Netflix to Shutter Legacy DVD-By-Mail BusinessThe iconic red envelopes will be disappearing from mailboxes in September.
Leer más »
Netflix shutters DVD rental business after 25 yearsNetflix Inc. is calling it quits on DVD rental sales after 25 years. The streaming giant, whose DVD business shrank as it accelerated and exploded into...
Leer más »
Netflix Is Shutting Down Its DVD BusinessNetflix’s famous red envelopes are headed to the recycling bin of history. The company announced the shutdown of the DVD-by-mail business Tuesday ahead of its first-quarter 2023 earnings repo…
Leer más »
Fox News and Dominion trial delayed until Tuesday: What to know | CNN BusinessA trial in a defamation suit brought against Fox News by Dominion Voting Systems is set to begin this week. It could have significant ramifications for the right-wing cable channel.
Leer más »