Netflix today announced its Q1 2019 earnings, reporting $4.5 billion in revenue, up 22.2 percent year-over-year. In its quarterly letter to shareholders, Netflix addresses newfound competition from Apple and Disney, but it doesn’t seem too worried.
Netflix is offering more details on its decision to remove AirPlay functionality from its iOS app. The change was announced in an update to a support document on Netflix’s website last week, with the company attributing it to unnamed “technical limitations.”
Netflix’s app for iOS has lost a key functionality for users of the Apple ecosystem. According to an updated support document on the company’s website, the Netflix for iOS app no longer supports AirPlay playback.
Netflix has supported downloading movies and TV shows for offline viewing on iOS for a while now, but the process has been a bit manual. Android gained automatic downloads last summer, and now the iPhone and iPad are finally catching up and gaining the handy feature.
Despite Apple following the path of what made Netflix so globally popular — creating exclusive original content — analysts from JP Morgan are still advocating for an acquisition to be made. According to the bank, Apple should use its nearly $250 billion in cash to either purchase Netflix, Sonos or Activision Blizzard outright. As for a full takeover of Netflix, the bank estimates it would take at least $189 billion to be completed.
Cheddar reports that T-Mobile is set to launch a new, ad-supported television streaming service for subscribers within the coming weeks. However, the service is not the supposed “disruptive” streaming platform CEO John Legere made promise of last year.
Netflix has today launched a new integration that allows Instagram Stories users to include linked artwork for its movies and TV shows directly in posts. This works for Netflix’s original content as well as content from third-party studios.
Apple has been signing and ordering new TV shows and movies at a swift pace recently, but Netflix doesn’t seem to be worried. The company released its Q4 2018 earnings today and reiterated that its focus isn’t on upcoming competition, but rather improving the experience for existing customers.
Netflix has announced that it will again be raising its prices for its streaming video plans. We saw the last price hike in October of 2017, and the latest jump is the biggest since the company’s launch. These changes come ahead of Apple launching its own video streaming service as soon as March.
One notable provider missing in Apple’s TV app integration is Netflix. While you can still search for content from Netflix within the app, it will not keep track of watching history or suggest content for the Up Next feature. The company will be distancing itself from Apple even more soon.
Netflix today released a new interactive spinoff of its popular original series Black Mirror. Titled Bandersnatch, the new movie is causing some controversy in terms of how a user views the content.
Netflix is testing an instant replay feature that would allow you to rewind to the start of a scene, either because you missed something or simply enjoyed it and want to watch it again …
Netflix generated an all-time high record income from mobile devices, earning $86.6 million dollars this past November. That figure is up 77% from last November YoY, in which the company earned just $49 million in estimated mobile revenue, reports TechCrunch.
While details about Apple’s original content plans are still largely unknown, the news that it signed a deal with the independent studio A24 has made some waves. The Hollywood Reporter says that deal in addition to industry giant Paramount Pictures making a multi-picture pact with Netflix shows just how much the entertainment industry is changing.
Netflix has today updated its iOS app with better navigation and refreshed media controls. This update brings it to version 11.12.0 and is available now for iPhone, iPad, and Apple TV.
Netflix is looking to expand globally and one of its strategies includes testing out a new mobile only subscription that comes with a low price point of about $4/month.
A few days after the release of the new iPad Pros, which feature Liquid Retina displays, Netflix for iOS has today been updated to support the new screen resolutions.
Netflix continues to act unaffected by Apple’s looming foray into the original content market. Speaking at the Vanity Fair New Establishment Summit in Los Angeles today, Netflix’s chief content officer Ted Sarandos explained that no one – not even the people making the shows – has any idea how the Apple original content will be offered…
Streaming video services like Netflix and Amazon Prime Video will soon have to ensure that at least 30% of the programming offered in Europe is produced in EU countries …
Netflix is practically built upon being able to binge watch content, especially tv series while seamlessly moving from one episode to the next. That and also being ad-free. Now, the platform is causing some waves by testing out promo videos in between episodes for some users.
Downloading Netflix shows for offline viewing is going to get a little easier. The company has announced that an auto-download feature is available for the Android app from today, and will be added to the iOS app later in the year …
Netflix appears to be planning its most expensive streaming tier yet. Currently, the company offers three different tiers, starting at $7.99 per month and maxing out at $13.99. That could soon change, however…
Earlier this year, it was reported that President Obama was in talks with Netflix for a potential content deal. While Apple was also reportedly in the running, Netflix officially announced today that it has reached a deal with the Obamas…