Netflix to invest $2.5bn in new South Korea films and TV shows
Seoul: Netflix will invest $2.5 billion in South Korean content over the next four years, the streaming giant’s CEO Ted Sarandos announced after meeting with the country’s President Yoon Suk Yeol in Washington.…
The Growing Influence of Netflix on Nigeria’s Film industry
$23.6M Investment 283 Titles, 3 Originals. Netflix has published a report outlining its significant socio-economic involvement on the African continent just six years after entering the African entertainment sector. The performance of…
Netflix to Introduce Gaming Services to Television Sets
The streaming giant Netflix Inc is taking steps to incorporate its video-game service into television sets. The service is available on smartphones and tablets, but code hidden within Netflix’s app…
Netflix Announces Subscription Reduction for Nigeria and Other Sub-Saharan African
Netflix has announced a reduction in its monthly subscription fees for Nigeria and other countries in the sub-Saharan region of Africa, effective February 21. The streaming giant says the goal is…
Netflix Limits Account Sharing in Four More Countries
Netflix has announced it is introducing limits on password sharing in four more countries: Canada, New Zealand, Portugal and Spain. Customers in those countries are being asked to pay an…
Netflix founder Reed Hastings steps down as co-CEO
Netflix founder and co-CEO Reed Hastings announced Thursday that he would step down after more than two decades at the company. While news of his departure comes as a shock,…
We Invested N9bn in Nigeria Film Industry in 6 years – Netflix
Ms Shola Sanni, Director of Public Policy for Sub-Saharan Africa, Netflix, made this known at the second Nigeria Digital Content Regulation Conference held in Lagos. The two-day event had in…
Mix Reactions tray Netflix Launch of $7 Per Month Ad-Supported Plan
Internet users have reacted to Netflix’s decision to launch its advertising-supported streaming plan dubbed “Basic with Ads” on Thursday at $7 a month. The new subscription tier costs $6.99 per…
Why Anikulapo is Bigger Than Game of Thrones – Kunle Afolayan
According to the Director, Anikulapo was initially conceived to be a series, but was later chopped into a movie following the instruction by Netflix, who also promised to pursue a…
Netflix Stock Jumps 16% in its Q3 Earnings
Netflix shares jumped as much as 16% on Wednesday, after the streaming giant’s third-quarter earnings beat Wall Street’s revenue and profit forecasts. The stock surge added about $17 billion to Netflix’s market…
Nollywood Film, Anikulapo Ranks No.1 Globally on Netflix
Anikulapo, a Netflix original movie produced and directed by veteran actor, Kunle Afolayan, is currently topping the Netflix weekly global chart as the most viewed non-English Netflix original movie. Since…
Google To Close Stadia Cloud Service and Refund Gamers
Google has announced plans to shut down its Stadia cloud gaming service and refund players. Stadia was touted as Netflix for games when it launched in November 2019, allowing players…
Netflix To Unveil Its Own Video Game Studio
Netflix is setting up its own video game studio, as it intensifies its efforts to establish itself in the gaming industry. Based in Helsinki, Finland, it will be led by…
5 Most Rated Nollywood Films on Netflix
Since the expansion of the sugar daddy of streaming services; Netflix, to the Nigerian terrain, there has been a shift in paradigm as the streaming platform created a new wave…
Netflix to Charge $7 Per Month for Ad-Supported Subscription
Netflix announced that subscribers that it’s hoping to launch a cheaper, ad-supported plan. The company is considering charging $7 to $9 per month for that tier, Bloomberg reported Friday. Netflix’s…