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Netflix axes another 300 staff

Netflix is to downsize an extra 300 staff in the second round of cuts on top of the 150 announced in May as it continues to react to subscriber losses. Most of the positions are in the US, although Netflix stresses that it is still hiring for some jobs. In a statement, Netflix said: “Today, […]

June 24, 2022By Chris Forrester

Research: SVoD users becoming more price-sensitive

According to research firm The NPD Group, from October 2021 to April 2022, cost went from the #4 reason for cancelling SVoD services to #2. Furthermore, based on the latest TV Switching Study, consumers are also increasingly signing up for services based on promotional or discounted offers. “In the last several months consumers have had […]

June 24, 2022

Netflix orders Oddballs; reboots Spy Kids

Netflix has announced a new animated comedy series, Oddballs, from YouTube creator James Rallison. Inspired by Rallison’s popular YouTube channel, The Odd 1s Out – which has nearly 18 million subscribers – this animated comedy series is created by Rallison and Ethan Banville, who serve as executive producers alongside Carl Faruolo and Michael Zoumas, in […]

June 24, 2022By Nik Roseveare

BARB: UK SVoD homes near 20m

Findings from the Establishment Survey for Q1 2022 from BARB, the UK’s television audience measurement currency, reveal that the number of UK households with access to a SVoD service reached 19.57 million (68.5 per cent of households), an increase of almost 500k homes since Q4 2021. Disney+ and Apple TV+ (the latter a new addition […]

June 22, 2022

Stranger Things, Hustle hold on to Netflix top spots

The NBA season may be over, but Hustle, the inspirational basketball drama, stayed atop the Netflix English Films List for a second week with 57.19 million hours viewed in the week commencing June 13th. As Adam Sandler’s highest rated film on Rotten Tomatoes, Hustle continued to receive praise from press and fans alike and made […]

June 22, 2022

ONE, Media City Qatar sign global partnership

At the Qatar Economic Forum, powered by Bloomberg, Group ONE Holdings (ONE) and Media City Qatar signed a Memorandum of Understanding (MoU) to develop a strategic long-term partnership, collaborating in the production and development of a wide range of global content in Qatar across multiple media sectors, including original programming, studio shows, and eSports, that […]

June 22, 2022

Kate Bush tops fitness playlists on Spotify

Research from PureGym has revealed that the 1985 Kate Bush classic Running Up That Hill (A Deal With God) is now providing the soundtrack to fitness regimes around the world, as it now ranks as the second most popular song for runners on Spotify. Following a return to the charts thanks to the song’s inclusion […]

June 20, 2022

Netflix offers guided walking tours

This summer, Netflix will offer guided walking tour to see some of the most iconic cities in Europe – namely London, Paris and Madrid –  through the eyes of popular Netflix characters.   From July 11th to 17th, Netflix will partner with SANDEMANs New Europe Tours for a series of free guided walking tours that share […]

June 17, 2022By Nik Roseveare

Analysis: Potential Netflix/Roku synergies

Noting reports that Netflix may be mulling a bid for streaming platform operator Roku, Toby Holleran, Research Manager, Ampere Analysis, identifies one obvious barrier for Netflix in that it would need to raise the cash to fund such an acquisition, given that it already carries $15 billion (€14.4bn) of long-term debt, and total liabilities of […]

June 16, 2022By Colin Mann

Netflix tops US ‘must keep TV’ list

Netflix once again tops consumer research and insight consultancy SRG’s ‘Must Keep TV’ list in 2022 for the fourth year in a row, solidifying its presence as the leading ‘Must Keep TV’ brand in the US, despite reporting its first-ever loss of subscribers in its Q1 results earlier this year. SRG’s annual ‘Must Keep TV’ […]

June 16, 2022