It was a terrible week to be Netflix, as the business revealed that it had lost subscribers for the first time ever in a quarter and that more were on the way as a result of ongoing price increases. Netflix also intends to implement an ad-supported model and crack down on password sharing in an effort to turn things around. Continue reading to learn more about Netflix and the other Google TV offerings.
What’s on Google TV is a weekly feature published by 9to5Google that covers the most recent information on streaming services and programming offered on Google TV and Android TV. For the most recent information, check back each week, and don’t forget to see this page for our ongoing coverage of Google TV.
Google TV features some content related to Earth Day. Although there isn’t a specific area, Google TV did this week put The Lorax and Disney’s Polar Bear in the highlighted grid to promote programs related to Earth Day. There is also a useful section on Earth from Space.
VERY BAD, NO GOOD WEEK FOR NETFLIX This week, during its quarterly earnings call, Netflix had some unfavorable information to share with its shareholders. In Q1 2022, Netflix had a decline in subscribers for the first time in more than ten years. Specifically, over the past few months, Netflix lost 200,000 customers. Even worse, Netflix expects to lose more than 2 million customers in the second quarter of 2022.
The first factor cited by Netflix as contributing to the loss was password sharing, which the firm intends to address. Additionally, Netflix acknowledged that its most recent pricing increases cost it approximately 600,000 subscribers across the US and Canada. When Netflix stopped offering service in Russia as a result of that nation’s invasion of Ukraine, it also lost 700,000 members. On a far less significant note, it follows Netflix’s continuing antagonism toward streaming alternatives like Google TV that make an effort to provide user-friendly tools.
Netflix claims that in order to recover, it will focus even more on narrative development and creative brilliance. This week, A report backed that up by stating that each episode of Netflix’s upcoming Stranger Things 4 cost close to $30 million. The business is now working intensively on an ad-supported plan.
In contrast to Netflix’s decline, HBO this week revealed that as of Q1 2022, it had 76.8 million members. There are 48.6 million members in the US alone, an increase of 4.4 million from the previous year.
CNN, another company operating under WarnerDiscovery’s umbrella, said this week that it would close its doors on April 30. The service had only been available for a month. CNN had promised to release a Google TV app, but it never did.
Just over a month after the movie’s theatrical release, HBO Max also added the Robert Pattinson-starring The Batman to its library this week.
THE INTRIGUING CASE OF THE LOST DISNEY EPISODES This week, it was discovered that Disney was omitting significant portions of several popular TV shows, such as Agent Carter, DuckTales, Lizzie McGuire, X-Men, and others. Disney acknowledged the removals were an error and said a fix is in the works in a statement to Deadline .
We are working diligently to find a solution to the problem preventing some Disney subscribers from accessing a portion of a series’ episodes. We apologize for the inconvenience and thank you everyone for your patience.
The Proud Family will return for a second season, titled Louder and Prouder, once the first season’s finale airs, according to Disney, which also highlighted a variety of entertainment for Earth Day.
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