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Netflix to debut subscription with advertisements
Netflix on Oct. 13 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 from this time last year despite rising slightly on the ad-tier news.
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Russians lose Netflix in latest pullout over Ukraine
Russian subscribers have lost access to streaming giant Netflix in the latest pullout of a Western company over the conflict in Ukraine.
The Netflix site and apps were no longer available from Friday and a Netflix spokesperson confirmed that subscribers no longer had access.
Finding Entertainment Online: Have Your Pick
Across the globe, the situation has improved greatly after exerted efforts to manage the Covid-19 crisis. That said, so much has changed, and it's clear that it will be a while before things go back to what they were pre-covid. One thing that has certainly changed is entertainment, as we know it.
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Netflix renews contract for Turkish series 'Protector'
Netflix has signed the second season contract for its first Turkish original series "The Protector" (Hakan: Guard), which will premiere on Dec. 14.
YouTube extends music streaming service to Europe
YouTube extended its music streaming service to Europe June 18 a month after it launched in North America and parts of Asia.
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Revamped YouTube Music aims to better appeal to local audio tastes
YouTube is hiring music experts across the world to make its revamped music streaming subscription more locally "authentic," officials at YouTube, a unit of Alphabet Inc's Google, told Reuters on May 18.
Netflix is Already Worth Over $ 100 Billion
Netflix's market value has already passed the $ 100 billion mark since the leading streaming service added more new subscribers than expected. The last quarter of 2017 has brought the company two million new customers more than Wall Street's forecasts and revenues have tripled. As a result of this success, for the first time in its history Netflix costs more than 100 billion dollars.
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47 percent of Netflix users in Turkey prefer watching TV to having a conversation: Research
Some 47 percent of Netflix users in Turkey say it is more important for them to “watch films and TV series than have a conversation,” according to a recent survey by the company spanning 22 countries.
Pakistan lifts ban on YouTube after launch of own version
Pakistan said on Jan. 18 that it had removed a three-year ban on YouTube after the Google-owned video-sharing website launched a local version that allows the government to remove material it considers offensive.