![]() You can also authorize up to 6 devices total for offline viewing and download content to watch it virtually anywhere. Premium allows you to watch 4K quality content on the service, plus allots access across 4 devices simultaneously within a household. If you buy one year of STARZ you’ll get a year of Netflix Premium with it. In months prior, Verizon has even given out Netflix access for free.Ĭurrently, there’s a deal available that gets you Netflix Premium for free with the purchase of a STARZ subscription. But every so often Verizon offers some great deals. It’s convenient if you’re already a Verizon wireless or internet subscriber, for obvious reasons. This 65-inch 4K TV is on sale for less than $300, but it’s selling fastįor Verizon subscribers, the +play platform allows you to shop, manage, and find deals on all of your streaming subscriptions from one place. This Polk Audio soundbar and subwoofer is discounted from $499 to $200 It’s a signal that Sarandos is likely to eventually succeed Hastings, though Hastings says he “committed to Netflix for the long term.You won’t believe how cheap this 50-inch QLED TV is at Best Buy Hastings announced that he has promoted Ted Sarandos, his longtime head of content, to share the top title with him. One other thing we know: Reed Hastings is no longer the CEO of Netflix, he’s the co-CEO. ![]() Netflix is also, for now, in a good position to ride out the pandemic: While it has billions in debt, it is generating lots of cash each month from its subscribers. ![]() It’s an internet-only business that hasn’t had to interrupt its service in any way, and it’s a subscription-based business that doesn’t make any money from advertising so it doesn’t have to worry about the collapse of that industry. Here’s what we seem to know now: Netflix seems to have been purpose-built to thrive in a pandemic. He described Netflix’s projections as “a bunch of us feeling the wind.” Three months ago, Netflix said that it had signed up 16 million subscribers instead of the 7 million it had planned on getting - and that all 9 million of the extra subscribers showed up in March when countries around the world told their citizens to stay home.Īt the time, Netflix CEO Reed Hastings said he thought the company might sign up another 7.5 million subscribers in April, May, or June - or it might not, because no one has ever tried financial forecasting during a pandemic before. The inside story of Netflix, the tiny tech company that took over Hollywood Then again, we’re in unchartered waters here. The company says that it will have plenty of new stuff to show people this year, but that next year it will have a “more second-half-weighted content slate in terms of our big titles.” Translation: If you’re still sheltering at home in February, you’re going to have to work harder to find Netflix stuff you want to watch. And the fact that Wall Street allows Netflix to take on billions in debt, which it uses to buy and make truckloads of TV shows and movies, means that Netflix has been able to keep showing off new products to its customers while some of its cautious competitors have had a hard time keeping up.īut not even Netflix can fend off a pandemic forever. But while analysts had guessed that the arrival of all those competitors would cut into Netflix’s growth, that hasn’t panned out. That would be a problem all of Netflix’s many competitors, from Apple to Disney to AT&T’s HBO Max, would love to have. The downside, Netflix said, is also something the company said last quarter: It worries that just about everyone who wants to get Netflix this year has already signed up for it, so its growth won’t be as enormous in the second half of the year. More specifically: The company signed up another 10 million more subscribers and now has 193 million subscribers worldwide. So consider this a repeat: Netflix says that it also did great during April, May, and June of this year - because people were stuck at home around the world, waiting out the Covid-19 pandemic. Three months ago, Netflix announced that it had seen a huge surge in new subscribers because people were stuck at home around the world, waiting out the Covid-19 pandemic.
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