Netflix is making big cuts to its content line-up
US-based streaming service, Netflix has confirmed it has dropped the animated TV series “Pearl” which would have been produced by Meghan Markle and her company Archewell Productions.
The news comes after the streamer revealed it lost over 200,000 paying subscribers, as households cut spending due to rising global inflation.
The Duchess of Sussex and her production company would have been behind the creation of the animated family series.
Netflix once dominant among streaming platforms but it’s now wrestling with slumping subscriber numbers and a collapse in stock market value.
How Disney beat Netflix at its own game
When it comes to streaming, there’s a new sheriff in town.
Disney+ has quickly become a major force in the streaming wars, adding over 14 million new subscribers in its latest quarter. That’s a big jump from the 3 million it had just three months prior.
In comparison, Netflix lost nearly 1 million subscribers in the same period.
So what happened? How did Disney+ overtake Netflix so quickly?
There are a few factors at play.
For one, Disney+ has a lot of content that people want to watch. As well as its acquisition of 21st Century Fox, the service has access to popular franchises like Star Wars, Marvel, and The Simpsons. That’s a big draw for people who are looking for something to watch.
In addition, Disney+ is much cheaper than Netflix. A subscription to Disney+ costs $6.99 per month, while a Netflix subscription starts at $8.99 per month. For people who are trying to save money, Disney+ is the more appealing option. Though Disney and Netflix have signalled they’re going to push up their prices.
Disney+ has been aggressive in marketing itself as the superior streaming service. The company has run a number of ads that compare its service favorably to Netflix. This has helped convince people to switch to Disney+.
The Disney effect
The Walt Disney Company launched Disney+ on November 12, 2019. The streaming service is available in the United States, Canada, the Netherlands, Australia, New Zealand, and Puerto Rico.
As of the second quarter of 2020, Netflix had nearly 221 million subscribers across 190 countries.
What is the market share of Netflix? In the United States, Netflix has a market share of 37%. That means it is the most popular streaming service in the country.
When was Netflix founded? Netflix was founded on August 29, 1997, in Scotts Valley, California.
What type of company is Netflix? Netflix is a publicly-traded company. Its stock is traded on the Nasdaq under the ticker symbol NFLX.
What is the headquarters of Netflix? The headquarters of Netflix is located in Los Gatos, California.
Disney is spending $1 billion per year on its streaming service.
What is the market share of Disney+? In the United States, Disney+ has a market share of 24%.
When was Disney+ launched? Disney+ was launched on November 12, 2019.
What type of company is Disney? Disney is a publicly-traded company. Its stock is traded on the New York Stock Exchange under the ticker symbol DIS.
How much does Disney stock cost? As of August 2020, the price of one share of Disney stock is $115.76.
What is the headquarters of Disney? The headquarters of Disney is located in Burbank, California.
Scientists discover dogs can sniff if you’re stressed
Dog’s truely are our best friends and it turns out they really are in tune to our feelings by experiencing their world through smell
Scientists have discovered that dogs can detect stress, by sniffing our breath and sweat
Four dogs volunteered by their owners – were trained to “choose” one of three scent canisters.
And in more than 650 out of 700 trials, they sniffed a sample of sweat or breath that had been taken from a stressed person.
Dog highly sensitive scent-detection abilities are already used to detect drugs, explosives, and illnesses – so they really are paw-some animals
Coolio, ‘Gangsta’s Paradise’ rapper, dies at 59
U.S. rapper and record producer Coolio has died
The musician was visiting a friend when he suddenly passed away, according to reports from his management.
TMZ reports the musician went to the bathroom and never returned.
Paramedics were sent to the scene after reports he entered cardiac arrest. But his cause of death is yet to be confirmed.
But the father of 10 was pronounced dead a short time after.
Coolio was best known for his hit songs Gangsta’s Paradise, Fantastic Voyage, and It’s All The Way Live.
He was aged 59.
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