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Added: Kewana Penny - Date: 03.11.2021 16:28 - Views: 19160 - Clicks: 753

AP — Netflix reported its worst slowdown in subscriber growth in eight years as people emerge from their pandemic cocoons.

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That financial breakdown showed the video service added 1. Now Netflix is taking another leap by offering video games that intends to produce itself as part of what it described as a multi-year expansion. The Los Gatos, California, company telegraphed the move last week when it disclosed the hiring of a veteran video game executive, Mike Verdu, to explore potential opportunities in another field of entertainment.

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He even speculated that Netflix eventually may create a TV series or film inspired by one of its video games. Netflix finished June with million worldwide subscribers. But the lackluster first-half s are a dramatic reversal from last year, when government-imposed lockdowns across the world thrust people into binge-watching frenzies while corralled at home. While no one expected Netflix to sustain that breakneck pace, the drop off in subscriber growth this year has been more severe than anticipated.

Even so, Netflix let down investors with a forecast calling for only an additional 3. That was well below analyst estimates for a third-quarter gain of 5. But if the move into video gaming pays off, it sex videos game eventually give Netflix more leverage to boost its prices. Netflix confirms move into video games as its growth slows. This Aug. Netflix reported its worst slowdown in subscriber growth in eight years as people emerge from their pandemic cocoons.

Sex videos game

But it has an answer to that: Video games. On Tuesday, July 20, the streaming giant announced plans to begin adding video games to its existing subscription plans at no extra cost. The confirmation of the long-anticipated expansion came in conjunction with the release of its latest earnings report.

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