Netflix, Streaming, Advertisements

AP: Netflix Registers Continued Subscriber Growth in Fourth Quarter of 2023

The streaming giant has now registered three consecutive quarters of subscription growth, driven by low cost plans containing advertisements and crackdowns of multiple use of subscriptions.

More people are chilling on Netflix. (Photo: MAXSHOT.PL/Shutterstock)

Netflix has now increased its subscriber base for the third quarter in a row, leaving it with over 260 million global subscribers at the end of 2023, according to the Associated Press.

Per the AP's report, this increase, which was substantially more impressive than the increase shown in 2022, comes largely thanks to a combination of low cost subscriptions which include ads during viewing, some price hikes combined with better offerings, and a crackdown on the multiple use of individual subscription accounts.

In addition to trying to offer new shows like professional wrestling, Netflix indicated it's eyeing Netflix's potential growth as a place for playing video games, as well, though this part of the platform is expected to remain small for the time being.

0 Comments

Do not send comments that include inflammatory words, defamation, and content that exceeds the limit of good taste.

Tech, Apple

AFP: EU hits Apple with €1.8 billion fine for not allowing streaming services to mention subscription options outside Apple

The fine came thanks to a complaint by major streaming company Spotify.

Avi Woolf | 04.03.24

Social Media, Tech, Content Creation

Deloitte Forecast for Online Media in 2024: More Fragmentation, Experimentation

The international professional services network issued a 2023 report on the changes the worlds of gaming, social media, and content creation have undergone over the past year, and what we can expect for the future.

Avi Woolf | 25.01.24

Tetris, Video Games

Watch: 13-Year Old Boy Becomes First Ever Human Player to "Beat" Tetris

Willis Gibson, otherwise known as Blue Scuti, was the first Tetris player to reach what's known as the "kill screen" in Tetris, reaching a point in the game where the code starts to glitch or hit a dead end.

Avi Woolf | 04.01.24