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Com TW NOw News 2024

Netflix slams bundling, blames ‘patchier’ programming
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Netflix slams bundling, blames ‘patchier’ programming

Last quarter, Netflix threw cold water on its rivals’ plans to put together streaming bundles, and three months later it’s going a step further.

The streamer has dismissed the idea of ​​streamer bundles after reporting its latest financial results, which added 5.1 million subscribers.

“Programming for such a large, engaged audience, with so much variety and great quality, is difficult. That is why streaming services that lack our breadth of content are increasingly trying to bundle their offerings (selling their services together and giving discounts, channel offerings, etc.). Netflix is ​​already an extraordinary package of series and films (licensed and original), and increasingly games and live events – all in one place and for one price, easy to use and good value for money,” it said company in a letter to shareholders.

This comes as Disney and Warner Bros. Discovery unveiled plans to bundle Disney+, Hulu and Max, and Apple joined Amazon’s channels business.

But Netflix did admit that its own programming in 2024 was “more patchy than normal” and blamed the writers’ and actors’ strikes for that.

Despite the complaints, Netflix highlighted some of the recent success of titles such as The perfect couple, Starring Nicole Kidman and Liev Schreiber, Ryan Murphy’s Monsters: The Story of Lyle and Erik Menendez And Nobody wants thisstarring Kristen Bell and Adam Brody, as well as films such as Rebel Back And Beverly Hills agent: Axel F.

It also noted that it will launch the second season of the series in the next three months Squid game as well as Not a good deed starring Lisa Kudrow and Ray Romano, Man on the inside with Ted Danson and Black Pigeonsstarring Keira Knightley. On the film side, yes Continue, an action thriller starring Taron Egerton and Jason Bateman, The Six Triple Eighta Tyler Perry-directed war drama starring Kerry Washington, and Enchanted produced by John Lasseter is coming soon.