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The Latest Breaking News from Greg Peters

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.

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

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

The Independent UK

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

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.

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Amazon reported to be considering putting adverts into Prime Video content

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

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.

Netflix to charge an additional $8 month for viewers living outside US subscribers' households

Netflix has outlined how it intends to crack down on the rampant sharing of account passwords in the U.S. It's an attempt to reel in more subscribers to its video streaming service amid a slowdown in growth

The Independent UK

Television's biggest mystery: how long will pipeline for new programming be closed?

The week in May when ABC, CBS, NBC and Fox traditionally unveiled programming plans in glitzy presentations to advertisers has always spoken to the networks' power over popular culture

The Independent UK

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New Zealand rugby league chiefs raise hope of World Cup after France pulls out

New Zealand rugby league chiefs raise hope of World Cup after France pulls out

New Zealand emerged on Tuesday as a possible venue for the 2025 rugby league World Cup following France's decision to pull out as hosts of the tournament.

Radio France Internationale

Netflix explains why Love Is Blind reunion live stream crashed and burned

Netflix explains why Love Is Blind reunion live stream crashed and burned

Netflix addresses the live streaming problems that plagued the Love Is Blind season 4 reunion.

Netflix Subscribers at Record High, Password Crackdown Coming

Netflix Subscribers at Record High, Password Crackdown Coming

Netflix on Tuesday said that its number of subscribers hit a record high 232.5 million in the first quarter of the year and that its nascent ad-supported tier was faring well. The streaming television giant reported a quarterly profit of $1.3 billion, in line with expectations, but said it had…

Asharq Al-Awsat

Netflix to end DVD-by-mail business. Execs explain ‘Love Is Blind’ snafu

Netflix’s DVD-by-mail service is coming to an end.

Los Angeles Times

'Love Is Blind' snafu. Streaming with ads. Questions for Netflix ahead of earnings

Over the last year, Netflix has taken steps to boost profits and entice more subscribers to stay on its streaming service.

Los Angeles Times

Europe may try to force Netflix and Meta to pay up

Europe may try to force Netflix and Meta to pay up

Telecoms operators may have a shot at getting Netflix and Meta to pay for sending content to users.

Netflix cuts prices in some markets to lure more subscribers

Netflix cuts prices in some markets to lure more subscribers

Netflix is cutting its prices in several of its smaller markets

The Independent UK

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Netflix issues urgent two-month warning as many face being banned from streaming

The streaming platform is set to ban sharing accounts across multiple households

Meet the Netflix co-CEO taking over from Reed Hastings

Netflix’s incoming co-CEO Greg Peters has a long track record of leading major diversification efforts at the streaming giants.

Tribune News Service

Netflix’s Hastings gives up CEO title; Peters named co-chief

Netflix Inc. co-founder Reed Hastings is stepping aside as chief executive officer of the company he’s led for more than two decades, leaving the position to his two longtime associates, Ted Sarandos and Greg Peters.

The Independent UK

Netflix's 4Q subscribers surge, long-time CEO passes baton

Netflix’s subscriber growth is surging again

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Netflix has launched a subscription with ads in Australia. Here's why that's a big deal

After losing millions of subscribers in the first half of 2022, Netflix's new subscription with advertisements launched Friday — ending the streaming giant's model of offering content without commercials.

Asharq Al-Awsat

Netflix Subscriber Numbers Re-ignite

Netflix on Tuesday reported that it gained more than 2 million subscribers in the recent quarter, calming investor fears that the streaming giant was losing paying customers. The company said it ended the third quarter with slightly more than 223 million subscribers worldwide, up some 2.4 million, after seeing subscriber…

Netflix to launch new £4.99 package with adverts in November but some shows won't be available

The Basic with Ads tier will be available in the UK from November 3 - the adverts will be 15 or 30 seconds in length and will play before and during shows

Asharq Al-Awsat

Netflix to Debut Subscription with Ads

Netflix on Thursday said a subscription option subsidized by ads will debut in November across a dozen countries as the streaming service strives to jumpstart stalled growth. Netflix reported a loss of 970,000 subscribers in the second quarter along with stagnant profits, and its share price is down 63 percent…

Netflix announces time and date adverts will start appearing on its platform

Users paying for the new Basic with Adverts package won't get some shows

The Independent UK

Netflix sets $7 monthly price for its ad-supported service

Netflix will unveil next month the first version of its video streaming service with ads

Chicago Sun-Times

Netflix announces new $7 monthly price for advertising-supported service

Besides putting up with roughly four to five minutes of ads during each hour of viewing, Netflix subscribers who sign up for the cheaper service also won’t be able to download TV shows and movies to watch when their devices are offline.

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