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Netflix price hikes: Streaming giant sees increase in subscribers despite higher cost khaleejtimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from khaleejtimes.com Daily Mail and Mail on Sunday newspapers.
Netflix added 13 million subscribers in the final three months of last year, the company said on Tuesday, despite price hikes at the leading streaming service. Netflix finished 2023 with slightly more than 260 million subscribers worldwide, with a profit of $938 million in the final quarter versus just $55 million in the same period… ....
After a quarter in which Netflix reaffirmed its dominance in streaming video, its $5 billion deal to acquire rights to broadcast live wrestling suggests the streaming pioneer is taking a page from the old-school cable TV playbook. Netflix said on Tuesday it will carry World Wrestling Entertainment's (WWE) flagship weekly program, "Raw," from next year, deepening its investment in live programming and offering its subscribers outside the U.S. other weekly wrestling shows including "SmackDown." Although company executives said the deal did not signal a change to its focus on entertainment, it nevertheless sets Netflix on a collision course with traditional media as the streamer builds out its advertising business. ....
What Peacock's Record-Breaking NFL Streaming Ratings Don't Tell You adweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adweek.com Daily Mail and Mail on Sunday newspapers.
Combining the two media conglomerates’ streaming assets would create a scaled entity better equipped to take on Disney and Netflix though such a deal would face financial and regulatory hurdles, analysts tell Campaign US. ....