Netflix has acquired the Australian animation and visual effects studio Animal Logic, the companies said Tuesday.
Based in Sydney and with a satellite office in Vancouver, Canada, Animal Logic has been involved in The Lego Movie franchise, Happy Feet, Peter Rabbit and other productions, including the upcoming The Magician’s Elephant, for Netflix
Mobile broadband services on 5G offered on the C-band (3.3-3.67 Ghz) airwaves are set to offer more than 10 times faster data speeds than 4G and likely to be targeted initially at high-value customers in urban markets who can afford pricey 5G handsets in the Rs 15,000-Rs 20,000 price range or more.
Netflix's subscriber base continues to fall. The company released its second-quarter earnings statement (Q2 2022) on Tuesday, and it also conducted an earnings interview where it highlighted subscriber losses for two consecutive quarters - the first time in its history. It lost nearly 970,000 paid subscribers in the June quarter, which is still better than the two million figure it'd expected to lose. In the March quarter (Q1 2022), the streaming giant lost nearly 200,000 paid subscribers.
Hindi has been the dominant language of content consumption and remains so. As the market expands, a lot of category development will happen in regional languages but the volume will be led by what is the dominant language simply because of the size of the market it caters to
The Walt Disney Co. says that it closed its best upfront in the company’s history, with streaming and live events like sports helping to lead the way.
The company says that it received commitments totaling $9 billion, 40 percent of which was earmarked for digital and streaming. Disney’s upcoming Disney+ ad tier, joined by Hulu and ESPN+, led the streaming ad results.
Netflix (NFLX.O) broke Hollywood's rules to create a $82 billion global streaming colossus that the rest of the entertainment industry rushed to copy. But as growth slows, it is looking backwards for a way forward, borrowing a page from Walt Disney's (DIS.N) playbook.
Netflix is trying a new way to get paid by password-borrowing freeloaders.
The company is rolling out an option in five Latin American countries under which customers can enable access from an additional home legitimately, for an extra monthly fee.
Senator Ron Wyden and Representative Anna Eshoo are urging the Federal Trade Commission (FTC) to take action against abusive and deceptive practices in the VPN industry. They note that many Americans benefit from the increased privacy and security that VPNs offer, but some VPN providers can overpromise or be dishonest with their subscribers.
After India, the US lawmakers have now asked the Lina Khan-led Federal Trade Commission (FTC) to address abusive and deceptive data practices by hundreds of companies providing Virtual Private Network (VPN) services for individuals.
Surging viewership of streaming platforms during the two years of the pandemic helped double the income of actors playing big roles in web shows and take up the wage bills to 50% of production costs at streaming services from less than 10% pre-pandemic, industry experts said.