The storyline is playing out nicely for Netflix. The streaming company reported its latest earnings on Thursday (April 18), with Wall Street keeping a close eye on expected revenue and subscriber growth resulting from its recent password-sharing crackdown. But no one expected the dramatic results it...
When consumers facing financial pressures carve out room in their budgets to treat themselves, PYMNTS Intelligence research reveals, it is often to enjoy their favorite movies and series. By the Numbers The “The Nonessential Spending Deep Dive Edition” of the “New Reality Check: The Paycheck-to-Paycheck Report”...
Streaming subscription commerce has become a cornerstone of modern entertainment, offering users access to a vast array of content with a simple tap on their screens. However, in the face of rising competition, platforms are now embracing integrated experiences to not only retain existing subscribers...
Netflix has begun requiring subscribers with Apple iTunes billing plans to pay Netflix directly. All “members on the basic plan who were using an iTunes method of payment” will need to sign up directly with Netflix, a company spokesperson told The Verge in a report...
January 29, 2024
The earnings roll in, and the stocks gyrate — a roller coaster that happens every three months. The CE 100 Stock Index gained 1.5%, as all but one pillar finished in the green for the week. The lone holdout was the Shop Index, which lost 3.8%. To that end, Netflix surged more than 18%, leading […]
December 22, 2023
As streaming platforms evolved throughout the year, many leaders in the industry set their sights on ways to monetize their content beyond subscription fees and ad sales. For instance, Disney+ is reportedly...
December 01, 2023
Five months since the FedNow® Service launched, Miriam Sheril, head of product, U.S. at Form3, told PYMNTS, there are some encouraging signs. Although it is early days, “from my point...
October 23, 2023
Tesla’s double-digit plunge helped lead the CE 100 Index down yet again, slipping 2.1% in a week that saw all pillars, save one, retreat. The Communications pillar was the sole...
February 27, 2024
Netflix has begun requiring subscribers with Apple iTunes billing plans to pay Netflix directly. All “members on the basic plan who were using an iTunes method of payment” will need to sign up directly with Netflix, a company spokesperson told The Verge in a report posted Monday (Feb. 26). Netflix didn’t add in-app subscription options […]
February 07, 2024
Disney+ has reportedly begun taking steps to prevent password sharing among its U.S. subscribers. The streaming service began sending out emails on Wednesday (Feb. 7) notifying subscribers about its updated terms...
January 21, 2024
Two weeks before its debut, Apple’s Vision Pro is reportedly facing an uncertain future. As Bloomberg News reported Sunday (Jan. 21), among the challenges facing the mixed reality device is the...
January 16, 2024
Netflix is teaming with French grocery chain Carrefour to offer low-cost subscriptions. The streaming service announced late Monday (Jan. 15) that it was offering customers in the French cities Rouen and Bordeaux no-commitment subscriptions to...