Netflix Loses 2,00,000 Subscribers In Less Than 100 Days
OTT giant Netflix has lost over 2,00,000 subscribers in less than a hundred days. The company has chalked it up to the suspension of its services in Russia. The value of the firm's shares also sank by a quarter following the revelation. Netflix has shared that it may offer more affordable plans with advertisements, in order to win back the lost audience.
Tags: Netflix, Entertainment, streaming service, business, Loss
Courtesy: NDTV
Netflix To Add Gaming Service To Fend Off Cooling Growth
Netflix is expanding into the gaming world to keep the attention of its viewers intact in today's competitive streaming world. Despite being the leading streaming service with several hits, Netflix is facing cooling growth, confirmed by its latest update showcasing the gaming plans. Analysts say that the move will not disrupt the gaming market and it won't increase the subscriptions too, but help to keep the subscribers' attention.
Tags: Netflix, Gaming, cooling growth, streaming service
Courtesy: WION