Hour as yourfriend. We will stand with you in solidarity, we will stand with your people. This is not merely our battle. Its batlle of entire civilized world. Aid agencies warn gaza is in need of far more aid than promised so far. The un humanitarian chief says, about 100 lorries will be required every day. Frustration as trucks loaded with supplies remain stuck at the Border Crossing point with eygpt. The families of some of the hostages make another appeal. Israels military says 203 people are now thought to have been taken by hamas. They are innocent civilians, innocent they are innocent civilians, innocent children, in hard conditions, they need to be released, and released now. More on all of that in a moment or two, but first, lets catch up with the Business News of the day. Good afternoon, lukwesa. Thank you, matthew. We start in the us where the head of the central bank, is due to speak in the next hour and markets will be the next hour and markets will be hanging on every word
To be working, because hit shows like witcher helped it retain its current customers while new Pricing Options on offer, including a less expensive streaming plan with adverts helped it to gain new ones. Many shareholders are excited about this new advert supported model. The Streaming Giant has said it was a priority for the company to win over advertisers. Netflix plans to roll out more new products in the months ahead. Next year, members, for example, who love to binge might get served an advert that says something like, the next episode is commercial free made possible by such and such a brand. Netflix also raised the price of its basic and Premium Options in the us, the uk and france, counting on committed viewers who hate adverts. Still, the quarter hasnt been without its challenges like the ongoing actors strike here in america. Netflix said it spent less on content this year as a result of the walk out. Jeremy goldman is from Insider Intelligence in new york. He told the bbc th
Streaming in. Netflix signs up 9 million streaming in. Netflix signs up 9 million new subscribers as a crackdown on Password Sharing pays off. And passengers get a peek at the fastest train in southeast asia, we take a ride on indonesias new High Speed Railway, funded by china. Hello and welcome to World Business report, i am hello and welcome to World Business report, iam lukwesa barack, and we are going to start in the United States where netflix shares have been searching after the streaming giant said that it had signed up almost 9 million new subscribers in the three months to september. That is way more than expected and the best quarterlyjump since the early days of the pandemic, when we were all stuck at home. So what exactly is going on . It is mostly down to a crackdown on people sharing those passwords, and netflix is now putting up prices in several of its markets. Lets discuss this further with Michelle Fleury who joins us from new york. It is always lovely to see you. So
As soon as possible. On wednesday, us President Joe Biden and egyptian president Abdel Fattah Al sisi agreed to open up the Rafah Crossing, to allow up to 20 trucks of aid into gaza. But President Biden has warned the shipment is not likely to cross until friday, because repairs to the road are needed. Of course, our website has a live page updating all the time if you wish to give across that news. Now on to business and we start with netflix its shares have been surging, after the Streaming Giant said it signed up almost nine million new subscribers in the last three months. Thats way more than expected and the best quarterlyjump since the early days of the pandemic when we were all stuck at home. So whats going on . Its mostly down to a crackdown on people sharing their passwords and now netflix is putting up prices basic subscribers in the uk will pay an extra pound the premium plan has gone up by £2, to £17. 99. Michelle fleury has more. It has been less than six months since ne
For humanitarian assistance in both gaza and the west bank. This money will support more than one million displaced and conflict affected palestinians, including Emergency Needs in gaza. The conflict in the middle east remains our focus here on the conflict in the middle east remains ourfocus here on bbc news, but lets move on to netflix. Netflix shares are up after the Company Reported a boost in subscriber growth. The streaming platform now has more than 240 million subscribers, adding 8. 7 million of them sincejune. 0ur north America Business correspondent Michelle Fleury has the latest from new york. Its been less than six months since netflix started to crack down on password sharing, and it appears to be working because it shows like the which are help it retain its customers while new Pricing Options on offer, including a less extreme wing democrat expensive a less expensive plan pot the streaming giant said it was a priority for the company. They plan to roll out lots of new pr