Stranger Things 4 is still months away-its new season debuting three years after the Season 3. For every diamond in the rough, like The Mitchells Vs The Machines, there are countless mediocre offerings, like Red Notice.Īnd real premium content that subscribers are genuinely excited about seems rare. Netflix keeps churning out tons of original movies, but few of these aren’t particularly good. A lot of stuff isn’t really great or terrible, just. The Cowboy Bebop adaptation was cancelled almost immediately. The Witcher’s second season was a huge disappointment in spite of its obviously larger budget. Bo Burnham’s Inside was phenomenal.īut a lot of Netflix’s newer content feels like a bit of a letdown. That isn’t to say there haven’t been some good shows recently. Netflix now eats up an unreasonably large portion of that streaming budget given how little quality new content the service has been offering up lately. (Typing out all these services is a good reminder that I should probably do some house-cleaning and get rid of a few of these). you’ll quickly realize you’re spending a small fortune every month. ![]() Once you start adding up the cost of Amazon Prime, Hulu, HBO Max, Paramount+, Apple TV+ Peacock, Starz, Showtime, etc. These days, there are plenty to choose from. If you recently discovered that you'll need to pay more per month to have your family in another location be able to access your account, and now the cost of your subscription is going up too? Well, we would understand if you were rethinking that sub.This may not seem like much, but many consumers also subscribe to various other streaming services. New co-CEO Greg Peters, who took Reed Hastings' place earlier this year, is expected to take home a compensation package of $34.65 million. Skydance will produce animated movies for Netflix from 2024.įor users going through tough economic times, it may be hard to reconcile yet another streaming price hike with Netflix's very good financial results – not least because Netflix's two CEOs trousered over $100 million between them last year. ![]() As the New York Times reports, Netflix announce a new multi-year deal with Skydance Animation, whose current head is former Pixar boss John Lasseter. The earnings call also shed light on the recent restructuring of and layoffs in Netflix's animation division that we covered last week. Ad-funded memberships are up 70%, and Netflix says that 30% of new subscriptions where the ad-funded tier is available have been for that service. It added nearly 9 million new subscribers compared to industry predictions of 6 million, and credits its password sharing crackdown with helping drive new subscriptions. In the same earnings call, the company announced impressive results: revenues are up 8% year on year to $8.5 billion, and profits are up 20% to $1.6 billion. ![]() Netflix isn't exactly short of cash right now. Netflix raises prices as its profits soar Speaking to investors, Netflix co-CEO Greg Peters didn't rule out increases to other plans in the foreseeable future. Standard is Full HD with two simultaneous streams and two downloads Standard With Adverts is Full HD on two devices, but downloads aren't supported. Premium users are the only ones to get Ultra HD 4K streaming and Spatial Audio, and their plan enables them to stream to four devices simultaneously, to and download shows and movies to six devices. There are other key differences between the price tiers.
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