Netflix’s video game push means few subscribers are playing

Netflix is ​​accelerating its push into video games with plans to double its offerings by the end of the year, but few subscribers are playing from the streaming giant for now. Since November last year, the company has been rolling out the games as a way to keep users engaged between show releases. The games … Read more

Queen’s nightmare as Netflix’s The Crown plus Harry and Meghan’s show airs

The Queen and TV have never been best friends. In the late 1960s, TV was the medium she chose to try to sell the royal family to the post-war Youthquake through the controversial show Royal family. The whole world saw a family with way too much tartan on their hands and their sovereign effort to … Read more

Netflix Q2 subscriber loss on the rise, but not as much as feared

SAN FRANCISCO (AP) — Netflix lost nearly 1 million subscribers over the spring amid tougher competition and rising inflation that put pressure on household budgets, exacerbating the urgency behind the video streaming service’s efforts to launch a cheaper option with commercial interruptions increases. The 970,000 account contraction from April to June, announced Tuesday as part … Read more

Netflix Loses Nearly 1 Million Subscribers, Prediction Misses Wall Street Estimates

Netflix Inc. NFLX-Q said Tuesday it lost 970,000 subscribers from April to June, averting the company’s projected worst-case scenario, but offered a forecast lower than Wall Street’s expectations for the current quarter. It plans to launch an ad-supported tier next year, and it warned that the strong dollar also hit subscriber revenues abroad. Netflix had … Read more

Peloton competitor Tonal cuts 35% of jobs in anticipation of possible recession, IPO

Tonal fitness for the home. Source: Tonal Tonal, the connected fitness equipment maker that sees tennis superstar Serena Williams and Amazon’s Alexa fund as backers, is to cut 35% of its workforce, affecting all levels of its business, CNBC has learned. The company employs about 750 people today, compared to just over 110 before the … Read more