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Tag: Netflix

Netflix commits over $23.5m into Nigeria entertainment industry - FG
Business

Netflix hikes subscription prices in Nigeria again 

Netflix has raised its subscription prices in Nigeria for the third time in under a year, marking the first increase in 2025. According to updates on the company’s website, the Premium plan now costs ₦8,500 per month, up from the previous ₦7,000. The price hike comes amid ongoing inflation and economic pressures, which may be […]

Netflix's ad-supported subscription plan rises to 94m users
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Netflix’s ad-supported subscription plan rises to 94m users

Netflix announced on Wednesday that its advertising-supported subscription plan has reached 94 million users, a sharp rise from 70 million in November. The surge highlights the growing appeal of lower-cost streaming options as consumers navigate ongoing global economic uncertainty. The video-streaming giant, which boasts over 300 million subscribers worldwide, said user engagement remains strong across […]

Netflix's ad-supported subscription plan rises to 94m users
News

Netflix to redesign TV App, add AI-Powered search to iOS

Netflix announced on Wednesday a major redesign of its TV app interface and the introduction of generative AI features on its iOS mobile platform, as the streaming giant looks to strengthen its position in an increasingly competitive and uncertain market. The updates aim to enhance user experience by making content discovery more intuitive. The redesigned […]

Netflix launches dark mobile game for new ‘Black Mirror’ episode
News

Netflix launches dark mobile game for new ‘Black Mirror’ episode

Netflix has released a new mobile game alongside the premiere of Black Mirror Season 7, offering fans an interactive extension of the series. The game, titled Thronglets, is directly connected to the new episode Plaything and was developed by Netflix’s in-house studio, Night School. At first glance, Thronglets resembles a modern spin on virtual pet […]

Netflix commits over $23.5m into Nigeria entertainment industry - FG
News

Netflix to invest $1bn in Mexico over four years

Netflix Chief Executive Officer, Ted Sarandos has announced a $1 billion investment in Mexico over the next four years to produce films and TV series. This move strengthens Netflix’s presence in one of the world’s most dynamic entertainment markets and expands its Spanish-language content library. Speaking At President Claudia Sheinbaum’s morning press conference in Mexico […]

Dutch authorities fine Netflix €4.75m over data transparency breach
News

Dutch authorities fine Netflix €4.75m over data transparency breach

Netflix has been fined €4.75 million (approximately $4.98 million) by Dutch authorities for failing to adequately inform subscribers about the use of their personal data. The Dutch Data Protection Authority announced the penalty on Wednesday, citing violations that occurred between 2018 and 2020. According to the AP, Netflix did not provide clear and sufficient details […]

Netflix's ad-supported subscription plan rises to 94m users
News

Netflix denies exit from Nigerian market amid speculation

Netflix has denied reports suggesting it is exiting the Nigerian market, reaffirming its commitment to investing in local content. The speculation arose after comments made by prominent Nigerian filmmaker Kunle Afolayan during the 2024 Zuma International Film Festival. Afolayan disclosed that Netflix had cancelled several films commissioned from unnamed filmmakers, sparking concerns about the platform’s […]

Tech

Netflix shares soar after Tyson-Paul event, set for best week

Netflix shares were on track for their fifth consecutive daily gain on Friday, heading toward their biggest weekly percentage increase since January. The surge follows the streaming giant’s successful broadcast of a highly anticipated boxing match between Mike Tyson and Jake Paul. The stock rose 0.2 per cent to $899.06, slightly below Thursday’s intraday record […]

Netflix to roll out games for TVs, laptops
Tech

Mike Tyson, Jake Paul bout disrupt Netflix service

Netflix experienced a major outage affecting thousands of users in the US and India, coinciding with the Mike Tyson vs Jake Paul boxing match. Downdetector.com reported over 80,000 incidents of Netflix being unavailable in the US. The issue was later resolved, with the #Netflixcrash hashtag trending on X (formerly Twitter). The outage appeared widespread, with […]

News Tech

Again, Netflix raises subscription in Nigeria to N7,000

Video streaming platform, Netflix, has raised the cost of its subscriptions in Nigeria once more. The Premium Plan will now cost N7,000 per month instead of N5,000. This marks the platform’s second price adjustment in three months with the introduction of the most recent price increase in April of this year. As of the time […]

Netflix's ad-supported subscription plan rises to 94m users
News

Netflix records $9.5bn revenue, adds 8m subscribers

Streaming platform, Netflix has added 8.05 million new paid subscribers in the second quarter of 2024, surpassing projected estimates of 5.2 million by 54%. This surge elevates Netflix’s global subscriber base to 277.65 million, solidifying its dominant position in the streaming market. While lower than the 9.33 million recorded in Q1 2024, this figure still […]

Tech

Peacock, Netflix, Apple TV+ join forces for streaming bundle

Major streaming platforms have joined forces to introduce bundled packages, marking a significant shift in the streaming space. Expected to launch this month, the inaugural StreamSaver bundle will integrate Peacock, Netflix, and Apple TV+. Comcast customers will have exclusive access to this bundle, as confirmed by CEO Brian Roberts. Roberts hinted at the tantalizing prospect […]

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