Netflix is going to launch a TikTok-like vertical video feed within its apps this month, and plans to use AI broadly for content creation and recommendations, the company said on Thursday. Netflix has been testing a vertical video feed since last year. The short video feature could aid users with …
SourceReed Hastings, the co-founder and chairman of Netflix, is leaving the company’s board when his term expires this summer. Hastings is stepping aside to focus on “philanthropy and other pursuits,” the company said in a letter to shareholders. The departure was revealed in the company’s first-quarter earnings report published Thursday. …
SourceNetflix has quietly hiked its prices once again. The streaming giant’s most affordable, ad-supported tier now costs $8. 99 per month, up from the previous $7. 99 monthly subscription fee, Netflix confirmed to TechCrunch in an email. The standard plan without ads also now costs $19. 99 per month, a …
SourceNetflix stunned the entertainment world this week when it declined to raise its bid for Warner Bros. Discovery, setting the stage for Paramount Skydance to win ownership of the Hollywood studio. At the time, Netflix co-CEOs Ted Sarandos and Greg Peters said they were being financially disciplined. Now reporting in …
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