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The Latest Breaking News from Greg Peters

Netflix Shutters Mobile Game Studio Behind 'Squid Game: Unleashed'

Netflix Inc. (NASDAQ:NFLX) is winding down Boss Fight Entertainment, the studio behind the hit game "Squid Game: Unleashed," as the streaming giant refocuses its gaming strategy.

Benzinga

Netflix's Co-CEO Ted Sarandos Cites Taylor Swift's Enduring Popularity To Explain Why AI Won't Replace Creativity

Ted Sarandos, co-CEO of Netflix Inc. (NASDAQ:NFLX), said on Tuesday that the company isn't worried about competing with AI-generated content for viewers' attention.

Benzinga

Netflix's Ted Sarandos And Greg Peters Downplay Warner Bros. Discovery Merger Threat: 'We Have Been More Builders Than Buyers'

As Warner Bros. Discovery, Inc. (NASDAQ:WBD) explores options for its sale, Netflix Inc. (NASDAQ:NFLX) executives said they see no need to chase consolidation, stressing that the company's strength lies in building, not buying.

Benzinga

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Netflix Shares Sink As Quarterly Profit Misses Mark

Netflix shares sank on Tuesday after the streaming television powerhouse reported quarterly profit that fell short of market expectations.

International Business Times

Netflix Courts YouTube Stars To Feed Its 'Hungry Audience Waiting To Be Entertained' — Co-CEO Ted Sarandos Hints At Premium Platform Edge Amid Creator Gold Rush

On Thursday, Netflix Inc. (NASDAQ:NFLX) said that it will be interested in partnering with top YouTube creators—but only if their content aligns with the company's premium streaming standards and monetization model.

Benzinga

TV is dead, long live Netflix – streaming giant reveals first live TV plans as cable and broadcast hit new landmark low

Netflix has signed a deal with France’s TF1 to broadcast live TV channels from next year –and the news comes as streaming viewership officially outstrips traditional TV for the first time.

TechRadar

UK broadcasters hail rare win over Netflix in battle for streaming ads

Homes that watch with ads are ‘lighter’ viewers consuming up to 40% less content on some services

The Guardian - UK

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Netflix’s games were once its best-kept secret – where did it all go wrong?

Its investment in indie darlings and big-name talent suggested the streamer wanted big stakes in the gaming industry, but layoffs, lousy ties-in and leadership changes suggest that is changing

The Guardian - UK

Netflix ready to bring all-new experiences to your smart TV or streaming device

Netflix is set to take on Game Pass and GeForce Now, but with a key difference.

Netflix is developing 80 games, planning to add a new title every week

The new strategy has been put into place to build on the company’s gaming business

Evening Standard

Netflix vanquishes doubts about its ability to keep growing just about every profit metric

Netflix added 8 million new subscribers, grew revenue 17%, and showed profitability in streaming was absolutely possible on a stellar Q2 earnings call.

Fortune

Brace yourself for another possible Netflix price hike this year – here's why

A group of analysts state recent market shifts has given Netflix enough confidence to try for another price hike.

TechRadar

Netflix tipped to raise prices again in 2024 — here’s what we know

An analyst firm has tipped Netflix to increase its price after its previous increase and password-sharing crackdown "went well" for the streaming service.

Tom’s Guide

Netflix co-CEO thinks Apple Vision Pro "isn't relevant to most of our members" — but stops short of ruling out a native app entirely

In a new interview, Netflix co-CEO Greg Peters says he doesn’t think Apple Vision Pro is relevant to its subscribers for now.

iMore

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Tom’s Guide

Netflix reveals reason why they’re snubbing Apple Vision Pro at launch

Netflix CEO says Apple's mixed-reality headset is too "subscale" to care about right now

iMore

Apple's Vision Pro is 'not really particularly relevant' to customers — Netflix explains why it won't have a Spatial Computing app at launch

Netflix says it doesn't have a Vision Pro app because just isn't worth its time to build one.

TechRadar

Netflix says the Apple Vision Pro is way too niche for it to make an app for the headset

Netflix says that, right now, the Apple Vision Pro is 'not particularly relevant' to its audience.

Broadcasting & Cable

Netflix Targets $40 Million in 2024 Pay for Co-CEOs Ted Sarandos, Greg Peters

Executive chairman Reed Hastings set to get $1 million

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Fortune

Netflix gave a roadmap to turn its 'very, very small' games service into a growth engine that has a 'material impact' on its $30 billion business

Netflix's mobile gaming business hasn't set the world on fire since its launch two years ago. But company executives on Wednesday's earnings call described ambitious plans.

Barchart

Should You Buy or Sell Netflix Stock After Q3 Earnings?

Netflix stock is up sharply today after the streaming giant posted strong Q3 earnings, with subscriber stats particularly looking impressive. But is NFLX a good stock to buy right now?

WEKU

Netflix raises prices for its premium plan

Netflix said it's raising the price for its most expensive streaming service by $2 to $23 per month in the U.S., and its lowest-priced, ad-free streaming plan to $12 — another $2 bump.

The Independent UK

Netflix is overwhelmed with One Piece success and explains why it’s particularly ‘amazing’

’Pretty much all the haters are out,’ streaming service’s co-CEO said

Fortune

Netflix has an extra $1.5 billion in cash flow thanks to the Hollywood Writers strike

The streaming giant said it wanted to come to an agreement wit striking unions as soon as possible.

Wales Online

Amazon reported to be considering putting adverts into Prime Video content

Netflix has already taken the step with a cheaper ad-supported package

Fortune

Hollywood writers take revenge on Netflix as shareholders follow union’s advice and reject executive compensation deals

The company’s co-CEOs have been offered packages worth upward of $30 million.

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