Cordkillers 510 - Netflix Games the Subscriptions
Netflix's revenue increased by 17% and profits by 44%, adding 8.05 million new subscribers, secured 107 Emmy nominations, and saw standout performances for Baby Reindeer, The Crown, and Ripley. Meanwhile, FX achieved a record 93 nominations, HBO/Max received 91, and Apple TV+ earned 72, while Disney received a total of 183 nominations across its platforms.
This week on The FULL Experience: Gargoyles (101 - "Awakening: Part 1")
Next week: Gargoyles (205 - "The Mirror")
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Supply Run:
• Netflix earnings and plans:
Netflix beat expectations, increasing its revenue by 17% and growing profits by 44%. The company gained 8.05 million subscribers, raising the total to 277.65 million. Despite a slowdown in subscriber growth expected next quarter, the ad-supported tier accounted for 45% of new sign-ups in markets where offered. Netflix plans to release a new game related to its own IP every month, with a Squid Game-related game coming later this year. Read more
• Squid Game season 2 and new game:
Netflix will release a new multiplayer game in conjunction with the premiere of Squid Game season 2 this year. Read more
• Netflix’s ad-supported tier:
Netflix is becoming more comfortable with ads, which are playing a significant role in its business strategy. Read more
• Netflix’s gaming strategy:
Netflix will release one game a month based on its IPs, such as Emily in Paris and Squid Game. Read more
• Netflix app for Quest headsets discontinued:
The Netflix app for Quest headsets is no longer available, but users can still watch Netflix in the browser. Read more
Search Party:
• Emmy nominations:
Netflix secured 107 nominations, FX got 93, HBO/Max received 91, and Apple TV+ garnered 72. FX’s record nominations were fueled by shows like Shōgun and The Bear. HBO/Max and Apple TV+ also had strong showings with nominations for Hacks, True Detective, Lessons in Chemistry, and The Morning Show. Read more
• Final Deadpool and Wolverine trailer:
The final trailer for Deadpool and Wolverine features a familiar face from Logan. Read more
• Cobra Kai season 6 premiere dates:
Cobra Kai season 6 part 1 is out on Netflix, and part 2 will premiere on November 15. Read more
• Frasier season 2 premiere:
Frasier is returning to Paramount+ with two Season 2 episodes on September 19. Read more
• AMC shows on Netflix:
AMC shows like “Anne Rice’s Interview With the Vampire” and “The Walking Dead: Daryl Dixon” are coming to Netflix without ads on the ad-supported plan. Read more
• Halo canceled:
“Halo” was canceled after two seasons at Paramount+. Read more
• New Netflix horror drama:
Netflix has greenlit “Something Very Bad Is Going To Happen,” a horror drama from the Duffer Brothers and Hilary Leavitt. The series follows a bride and groom in the week leading up to their ill-fated nuptials. Read more
• Hong Kong Phooey test footage:
Test footage from an unmade Hong Kong Phooey movie starring Eddie Murphy has surfaced. Read more
• Twisters box office success:
“Twisters” had a blockbuster $81.25 million opening weekend, surpassing expectations and becoming the third-biggest debut of the year. Read more
Scanning the Horizon:
• Streaming viewership data:
Streaming accounted for 40.3% of daily TV viewing in June 2024, the highest share recorded. YouTube led with 9.9%, followed by Netflix at 8.4%. Read more
• FAST channels outperform traditional streaming:
Tubi, Roku Channel, and Pluto TV collectively had a larger share of TV viewing than Max, Paramount+, and Peacock combined. Read more
• Verizon’s Netflix offer:
Verizon offers a free one-year subscription to Netflix Premium for customers signing up for Peacock. Read more
• Sling TV adds 4K streams:
Sling TV now offers 4K streams at no additional charge, starting with the MLB All-Star game. Read more
• MLB Commissioner on TV rights:
MLB Commissioner Rob Manfred wants to obtain TV rights from all 30 teams to set up a nationalized streaming package by 2028. Read more
• Apple’s spending and strategy:
Apple is reining in spending on original content and considering licensing more movies from other studios. Read more | Read more