Netflix
Auto Added by WPeMatico
Let’s review some of tech’s big second quarter financial stories
Now that the second-quarter “earnings season” — when all of the biggest public tech companies spill their financial guts to the public — is over, and it was filled with a lot of weird stories that seemed a little outside of the mold that we normally see. There weren’t any blockbuster product launches, huge advertising beats, wildly surprising numbers (outside… Read More
Powered by WPeMatico
Netflix was the top grossing app in Q2, with mobile revenue up 233% since last year
Netflix’s booming subscriber growth, announced in the company’s earnings last week, is also being felt on the App Store, where its app has again become the top earner in terms of revenue. According a recent report from app store analytics firm Sensor Tower, the app in Q2 saw 233 percent revenue growth year-over-year to $153 million in the most recent quarter. That’s up from… Read More
Powered by WPeMatico
Netflix’s subscribers are surging as it blows away Wall Street’s expectations
For the second quarter in a row, Netflix has handily beaten industry watchers — and its own expectations — in adding a mountain of additional new subscribers. Netflix today said it added 5.2 million additional new subscribers this quarter, a number well above the 3.2 million new subscriber additions that it set itself — and the stock promptly jumped nearly 9 percent. Read More
Powered by WPeMatico
Netflix brings offline viewing to Windows 10 PCs and tablets
Netflix added support for offline viewing on iOS and Android late last year, and today it’s bringing the same feature to Windows 10, with the exception of Windows 10 mobile devices. Arriving now in the updated Windows 10 application, a subset of the Netflix catalog can be downloaded to your PC or tablet computer in order to be viewed when a network connection is not available. Read More
Powered by WPeMatico
Netflix’s international growth is exploding as its looks beyond the U.S.
Holy cow, we have quite the beat for Netflix.
Netflix added nearly 2 million new subscribers domestically and around 5 million subscribers internationally in the fourth quarter this year, the company said today. Wall Streets expectations for the fourth quarter fell far below that, coming in at 1.38 million and 3.78 million respectively. We’ll address the financial parts of the company… Read More
Powered by WPeMatico
Spotify, Netflix, LINE, Pandora & HBO NOW top the list of 2016’s biggest apps by revenue
According to a new year-end report from Sensor Tower detailing the top apps of 2016, streaming services dominated when it came to which apps, outside of games, pulled in the most revenue over the past year. At the top of the list is Spotify, which not only scored the number one spot on the iTunes App Store, but also was the number one revenue earner across both platforms, including both… Read More
Powered by WPeMatico
Netflix becomes the Top Grossing iPhone app for the first time
Netflix’s decision to introduce an in-app subscription option in its iOS app over a year ago has helped the streaming service steadily gain more subscribers, and surge up the Top Grossing charts in the Apple App Store. Back in November of last year, the app hit the Top Grossing chart for the first time, reaching the No. 9 position. Today, Netflix has reached another milestone, as the… Read More
Powered by WPeMatico
Five industries that should take a cue from Netflix and crowdsource parts of its tech
By crowdsourcing for solutions using machine learning to utilize the abundant data available across these five industries, we can find relevant signals and patterns among the noise and make these industries not only more efficient, but also more integral to improving our lives. Read More
Powered by WPeMatico
Netflix shakes off weak subscriber growth and its stock is skyrocketing
Netflix is finally breaking off from its slowing subscriber growth trend as it posted a huge quarter that beat both its own, and Wall Street’s, expectations. Here’s the money chart: Shares of Netflix are absolutely blowing up, now up more than 20% in extended trading after the earnings report came out. With today’s crazy jump in its stock, the company added nearly $10 billion… Read More
Powered by WPeMatico
Audible’s new Channels audio content subscription service is a bet on a voice-powered future
Amazon-owned Audible announced a new service called Channels today, one that differs from its typical audiobook business in offering more bite-size content from original content producers, as well as recordings of news stores from NYT, WSJ, The Washington Post and others. The original programming will be rolling out over time, covering comedy, investigatory journalism (think Serial) and… Read More
Powered by WPeMatico