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🎬📺🤙 Eh, Netflix Getting More Kokua And Up Da Price Small Kine

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Ho, Netflix! Dey wen score big time, adding 9 million new peeps in da third quarter, even when some Hollywood kind big shots been going strike and putting da brakes on showbiz. 🎥🚫

Da kala? Netflix wen pull in a solid $8.5 billion in dat quarter, das 8% more than last year. All mahalo to da plenty new subscribers, now numbering 247 million all ovah da world. 🌍💰💸

But eh, dat ain’t all. Their net income wen up by almost 20% from last year, reaching $1.6 billion. And dey thinking about spending around $13 billion on fresh content. But, cause of da writers and actors beefing, dey had to cut down from the planned $17 billion. 🖊️🎭🎬

Ted Sarandos, one of da big bosses of Netflix, he been saying dey all in for ending dat strike, cause it’s causing pilikia for everybody. But then, da actors guild wen come up with one new kine request dat messed up their groove. 🕺💔

And hold on to your rubbah slippahs, braddahs and sistahs, cause da price going up for da no-ads premium service – now $22.99 a month. Same ting in da UK and France. 📈💸🌐

But no worries if you get da standard ad-free service or da basic one, you still can watch on couple devices. The basic plan price going up small kine to $11.99 from $9.99. Analysts tink maybe dey like pull more peeps to da $6.99 version, you know, da one with ads for extra kala. 📺🛍️💡

Mike Proulx from Forrester Research wen write, people like good stuff at good price, but lately da prices going up and da value not so much. 📝💵😤

But check dis out, even with TV business getting hard with high production costs and not much ads money, Netflix still standing strong. Shows like “One Piece” and “Suits” wen make big waves. 🌊🏄‍♂️📺

Plus, Sarandos wen talk about how shows like “Insecure” and “Ballers” wen blow up big time on their streaming cause of da huge number of subscribers and their ono recommendation system.

Looking forward, Netflix expects their net income fo drop small kine in da next quarter. Dey gonna be releasing more movies and series, including da final season of “The Crown” and one mean sci-fi movie, “Rebel Moon”. 🎬👑🚀

Their memberships with ads wen shoot up almost 70%. And out of all da new sign-ups in da 12 countries where they get da ad version, 30% wen pick da cheaper option. And, brah, they cracking down on those sharing their passwords. 👥🚫🔒

Recently, Netflix wen make cuts to their cartoon department. But now we know why! Dey just made one big deal with Skydance Animation for making new animated movies for them from 2024. 🎨🖌️🍿

Sarandos wen say, “We super stoked with our cartoon movie success. This new deal, it’s solid for us.” 🎉🤙📽️

So there you have it, peeps. Netflix getting bigger, making moves, and adjusting prices. Let’s see what comes next in their bag of tricks! 🎬🍍🤙


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🎬📺🤙 Netflix Grows Bigger and Tweaks Prices A Bit

Wow, Netflix! They’ve made a huge stride, adding 9 million new users in the third quarter, even amidst strikes from key Hollywood figures that put a dent in the entertainment sector. 🎥🚫

Money-wise? Netflix reported a whopping $8.5 billion in that quarter, an 8% rise compared to the previous year. Thanks to the surge in new subscribers, the count is now 247 million globally. 🌍💰💸

That’s not all. Their net income increased by nearly 20% compared to the last year, touching $1.6 billion. They also have plans to invest around $13 billion on fresh content. However, due to the ongoing writers and actors’ disputes, they had to reduce from the initially projected $17 billion. 🖊️🎭🎬

Ted Sarandos, one of the top heads at Netflix, expressed their dedication to resolving the strike as it’s proving problematic for the entire industry. But a recent unexpected demand from the actors’ guild disrupted their pace. 🕺💔

And here’s a heads up, folks: there’s a price increase for the ad-free premium service – it’s now $22.99 per month. The price will also rise in the UK and France. 📈💸🌐

But if you’re on the standard ad-free service or the basic plan, you can still access multiple devices. The basic plan will slightly increase to $11.99 from $9.99. Experts believe this might be a strategy to attract more users to the $6.99 plan, the one with ads, for added revenue. 📺🛍️💡

Mike Proulx from Forrester Research commented that while consumers always seek high-quality content at a reasonable price, recent hikes might not be offering equivalent value. 📝💵😤

Yet, despite challenges like escalating production costs and a dwindling ad market, Netflix continues to hold its ground. Shows like “One Piece” and “Suits” became major hits. 🌊🏄‍♂️📺

Moreover, Sarandos highlighted how series like “Insecure” and “Ballers” became immensely popular on their platform, largely owing to their vast subscriber base and effective recommendation algorithm.

Going forward, Netflix anticipates a dip in net income for the next quarter. They’re slated to release an array of movies and series, including the awaited final season of “The Crown” and an ambitious sci-fi film, “Rebel Moon”. 🎬👑🚀

Their ad-supported memberships saw a surge of nearly 70%. Of all the new sign-ups in the 12 countries offering this version, 30% chose the more affordable plan. Also, they’ve been successfully countering password sharing. 👥🚫🔒

Recently, there were some cutbacks in Netflix’s animation sector. The reason? They’ve just partnered with Skydance Animation for upcoming animated films, starting in 2024. 🎨🖌️🍿

Sarandos remarked, “We’re absolutely thrilled with our trajectory in animation. This new collaboration is a big win for us.” 🎉🤙📽️

So, there you have it, folks. Netflix continues to expand, strategize, and adjust. Let’s watch out for their next moves! 🎬🍍🤙

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