Tuesday, January 31, 2023
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Entertainment Digital Media

Netflix looks to video games to boost growth

AFPbyAFP
July 21, 2021, 9:00 pm
in Digital Media
Reading Time: 2 mins read
A A
Share on FacebookShare on TwitterShare on Email

Global streaming giant Netflix on Tuesday said it added more subscribers than expected in the recently ended quarter and will add video games to its entertainment mix to fuel growth.

Netflix looks to video games to boost growth
Netflix is banking on mobile games to keep subscriber interest as it reaches a saturation point for streaming television viewers. 

The company ended the second quarter with 209 million paid subscribers and revenue of $7.3 billion, some 19 percent higher than the same period a year earlier, according to an earnings release.

Profit was reported at $1.35 billion as compared to $1.7 billion in the preceding quarter. The net income figure missed market expectations.

The streaming leader said the pandemic had "created unusual choppiness" in its results after strong growth last year during the pandemic, which has now subsided.

ADVERTISEMENT

Netflix said it is continuing to invest in content as production recovers from pandemic-caused delays, and that it is "in the early stages of expanding into games."

"We view gaming as another new content category for us, similar to our expansion into original films, animation, and unscripted TV. Games will be included in members´ Netflix subscription at no additional cost similar to films and series,” the streamer said.

Netflix recently recruited a video game veteran from Facebook to lead its gaming team.

Mike Verdu was hired to take charge of video game development at the Silicon Valley company, which has openly said hit games such as Fortnite are its competition for people's online entertainment time.

Netflix has dabbled with games before, releasing an interactive Bandersnatch episode of original series Black Mirror and also a free mobile game spinning off its hit show Stranger Things.

“In the race to entertain consumers around the world, we continue to compete for screen time with a broad set of firms like YouTube, Epic Games, and TikTok (to name just a few),” Netflix said in the earnings release. 

Tags: Black MirrorNetflixStranger Thingsvideo games
ADVERTISEMENT
AFP

AFP

Related Posts

GMA Network, Viu Philippines ink deal to bring world-class content 

byManila Standard
January 30, 2023, 9:30 pm
0
8
‘Avatar’ sequel now ranks fourth all-time high in global sales

Philippine broadcast giant GMA Network and Viu, PCCW’s leading pan-regional over-the-top (“OTT”) video streaming service, are set to bring world-class content to more...

Read more

Vivamax hits 6m subs, launches new platform for general audience

byManila Standard
January 29, 2023, 8:30 pm
0
8
Discover the inspiring story of ‘Lamborghini’

Described by Viva Entertainment as “the coolest, the edgiest, and the newest streaming platform,” it is now available to give...

Read more

Iconic ‘K-Love’ moments that live inside viewers’ minds rent-free

byManila Standard
January 24, 2023, 9:20 pm
0
8
Iconic ‘K-Love’ moments that live inside viewers’ minds rent-free

It’s easy to know if a show is binge-worthy – it’ll elicit endless laughs, keep your heart fluttering, and give...

Read more

Unrivaled on air, a force to reckon with online

byManila Standard
December 27, 2022, 9:10 pm
0
38
‘Avatar: The Way of Water’ screens in 4DX and IMAX cinemas  

Broadcast giant GMA Network continues to achieve great heights beyond television as it further cements its solid dominance across various...

Read more

MOONTON Games taps ABS-CBN as M4 World Championship broadcast partner 

byManila Standard
December 27, 2022, 9:00 pm
0
15
‘Avatar: The Way of Water’ screens in 4DX and IMAX cinemas  

International gaming developer and publisher MOONTON Games has forged a partnership with the Philippines’ leading media and content company ABS-CBN...

Read more

Student films on Sine Reel for free

byManila Standard Showbiz
December 26, 2022, 8:20 pm
0
17
Valenzuela City’s Shalom Choir is TV5’s ‘Christmas Chorale Showdown’ grand champion

Twelve unique and inspiring stories are now available for viewers around the world to enjoy as iWantTFC exclusively offers free...

Read more

Print Edition

View More

Recent Posts

  • Sneakers for Makati : AB4.0
  • PBBM rolls out 5-year dev’t plan
  • Mr. Marcos says education system ‘failed’ the children
  • WHO declares COVID still global crisis, pandemic at transition point
  • Fuel price hikes: Gas up P1.30/l, diesel by P1/l
  • Enrile slams ICC, suggests probers’ arrest for interfering
  • Power snaps may hit rural areas
  • Poll: 49% of Pinoys see life improving

Advertisement

Latest News

Enrile slams ICC, suggests probers’ arrest for interfering

byRey E. Requejoand1 others
January 31, 2023, 1:00 am
0
8
Sen. Imee Marcos commemorates martial law’s 50th year

Presidential Chief Legal Counsel Juan Ponce Enrile on Monday recommended that investigators working for the International Criminal Court (ICC) be...

Read more

Power snaps may hit rural areas

byAlena Mae S. Flores
January 31, 2023, 12:50 am
0
8
Napocor seeks higher charges

State-run National Power Corp. warned on Monday about year-long daily power interruptions affecting 1.3 million households in remote islands and...

Read more

Poll: 49% of Pinoys see life improving

byManila Standard
January 31, 2023, 12:40 am
0
8
VP rolls out ‘Libreng Sakay’ project in 4 key areas

Nearly half of adult Filipinos believe their quality of life will improve in the next 12 months, a recent poll...

Read more

PBBM vows ‘all possible aid’ to Ranara family

byVince Lopezand1 others
January 31, 2023, 12:30 am
0
8
PBBM vows ‘all possible aid’ to Ranara family

President Ferdinand Marcos Jr. on Monday vowed to extend all possible assistance to the family of Jullebee Ranara, the 35-year-old...

Read more

SC nullifies SEC memo on CPAs, external audits

byRey E. Requejo
January 31, 2023, 12:20 am
0
8
Omicron now dominant virus variant in US

The Supreme Court has nullified for being unconstitutional the memorandum circulars issued by the Securities and Exchange Commission that required...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App