By Brittany De Lea Published July 04, 2018 Business Leaders FOXBusiness Facebook Twitter Comments Print video Netflix can't be taken over? SteelHouse CEO Mark Douglas on the future of Netflix. Online streaming giant Netflix is reportedly testing a new subscription plan, which could hike prices again for some current consumers. Continue Reading Below The offering, called “Ultra,” is being tested in two different forms, as first reported by Italian tech blog TuttoAndroid.net. The first is said to offer four ultra-high-definition (UHD) video and audio streams, meaning users can watch across four devices at one time. The existing premium subscription would drop from four to two UHD streams. In the second version, Ultra subscribers would have access to better quality content. The price for an Ultra plan could be set as high as $19.80, according to CNET. Other media outlets have reported it will cost users $16.99. Netflix is said to … [Read more...] about Netflix testing higher-priced ‘Ultra’ subscription plan: report
The Industry Is Netflix On Its Way To World Domination Of Streaming? Listen · 3:09 3:09 Toggle more options Download Embed Embed <iframe src="https://www.npr.org/player/embed/603476111/603476112" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player"> Facebook Twitter Flipboard Email Enlarge this image Netflix CEO Reed Hastings delivers a keynote address at the 2016 CES trade show in Las Vegas. Big entertainment rival Disney could challenge the service that made binge-watching popular. Steve Marcus/Reuters hide caption toggle caption Steve Marcus/Reuters Netflix CEO Reed Hastings delivers a keynote address at the 2016 CES trade show in Las Vegas. Big entertainment rival Disney could challenge the service that made binge-watching popular. Steve Marcus/Reuters Netflix blew past Wall Street expectations this week and added 7.4 million new subscribers between January and March … [Read more...] about Is Netflix On Its Way To World Domination Of Streaming?
Zoë Bernard, provided by Published 4:53 pm, Tuesday, April 17, 2018 Netflix is taking off with new subscribers. In recent years, the company has doubled down on producing original content, and it's proven to be a smart move. The number of Netflix subscribers has been growing steadily ever since 2012, from less than 30 million to more than 120 million last year. As this chart by Statista shows, which is based off of Netflix's own information, the company's most marked growth has been with its overseas subscribers. And the company is predicting that its subscriptions will continue to increase: According to its internal predictions, Netflix anticipates even more growth over the course of 2018. Jenny Cheng/Business Insider Join the conversation about this story » Recommended Video: Now Playing: On Monday, Netflix's stock climbed to an all-time high of $202 a share. The company also reported nearly $3 billion in revenue and 5.3 million new subscribers, a … [Read more...] about Netflix’s subscription service is growing by leaps and bounds
NEW YORK (Reuters) - U.S. stock indexes rallied on Tuesday on broad-based gains while Netflix and UnitedHealth earnings impressed investors and boosted optimism about the U.S. corporate reporting season. Shares in Netflix (NFLX.O), the first of Wall Street’s leading momentum stocks to report earnings, rose 9 percent to close at a record high after the video-streaming pioneer smashed analysts’ quarterly subscriber estimates. Amazon.com (AMZN.O) was the S&P’s biggest boost with a 4 percent jump, helped by Netflix results but also by signs the U.S. Supreme Court is hesitant to let states force out-of-state online retailers to collect sales taxes on purchases. Analysts expect S&P 500 company profits to rise 18.6 percent in the first quarter, the biggest increase in seven years, according to Thomson Reuters data. Strategists said strong earnings expectations as well as economic data from earlier in the day boosted equities. “The overall picture is a … [Read more...] about Wall Street rises on earnings hopes, Netflix soars
Apple plans to integrate recently acquired magazine app Texture into Apple News and debut its own premium subscription offering, according to people familiar with the matter. The move is part of a broader push by the iPhone maker to generate more revenue from online content and services.The Cupertino, Calif., company agreed last month to buy Texture, which lets users subscribe to more than 200 magazines for $9.99 a month. Apple cut about 20 Texture staff soon after, according to one of the people.The world's largest technology company is integrating Texture technology and the remaining employees into its Apple News team, which is building the premium service. An upgraded Apple News app with the subscription offering is expected to launch within the next year, and a slice of the subscription revenue will go to magazine publishers that are part of the program, the people said. They asked not to be identified discussing private plans. Apple declined to comment.Apple used to have an app … [Read more...] about Apple said to plan a ‘Netflix for news’ in latest services push