Netflix 's "Bling Empire: New York" star and jewelry designer Lynn Ban has died after recently being involved in a ski accident and undergoing brain surgery. She was 51. Ban's son, Sebastian, shared the tragic news on her Instagram account on Wednesday.
The company raised subscription prices across most plans in the U.S. and several other markets. It added 19 million subscribers in the fourth quarter of last year.
Shares of Netflix soared 13% to an all-time high on Wednesday after the streaming giant's big bet on sports helped add a record 18.9 million subscribers in the holiday quarter, ballooning its already sizeable advantage over other players.
The streaming service Netflix says it is raising prices again with plans to-reinvest back into programming, according to the company.
Netflix revealed it has now reached 301.63 million subscribers globally when it reported its fourth-quarter 2024 earnings Tuesday.
Under the new pricing in the U.S., Netflix’s Standard plan without ads will rise by $2.50 — going from $15.49 to $17.99 per month. It’s been three years since Netflix upped the pricing of the Standard tier, which provides two simultaneous HD streams.
The streaming giant is upping the cost of its standard ad-supported tier to $7.99 a month in the U.S., up from $6.99, and the standard plan is increasing by $2.
Revenue in the fourth quarter jumped 16% year-over-year, reaching $10.25 billion, higher than the $10.11 billion Wall Street had predicted.
The streaming giant hosted its record-breaking boxing match between Jake Paul and Mike Tyson, and its first ever NFL games, in the quarter.
AriZona Iced Tea Team's sassy tweet ripped Netflix a new one, joining the Internet in its disapproval of yet another price hike update.
LOS ANGELES, United States (AFP) — Cartel musical Emilia Perez topped this year’s Oscar nominations, earning 13 nods in an announcement on Thursday postponed by the devastating Los Angeles wildfires.