News
Netflix to introduce ads for cheaper subscription
Microsoft is teaming up with Netflix to offer an ad-based subscription plan
Netflix is moving full steam ahead with a new ad-supported subscription plan expected to launch later this year.
The streaming giant will team up with Microsoft to embed commercials in a cheaper version of its on-demand offering.
The move is a far cry from the Netflix 15 years ago, with the company previously refusing to ever include ads on its platform.
But times have been tough for the oversaturated streaming sector.
Earlier this year, Netflix disclosed it lost 200,000 subscribers in the first quarter of 2022 alone. This lead Netflix to concede the time has come for a less expensive option. Read more.
Netflix said the move is still in “very early days,” and has “much to work through” before the new service is introduced.
Meanwhile, landing the contract is a big deal for Microsoft. The multinational tech company has long been engaged in a tense battle with Google, the major force when it comes to digital advertising.
News
Australia’s fastest-growing property markets revealed
Explore Australia’s booming property markets driven by infrastructure and low supply, with insights from Terry Ryder of Hotspotting.
Explore Australia’s booming property markets driven by infrastructure and low supply, with insights from Terry Ryder of Hotspotting.
We dive into the forces driving Australia’s fastest-growing property markets and explore which regions are benefiting the most from infrastructure developments and low housing supply.
Terry Ryder from Hotspotting joins us to explain how major hospital projects and other infrastructure investments are reshaping local economies and influencing property prices. We also examine how limited listings are creating fierce competition among buyers.
Discover where the next wave of growth is expected to appear and how investors can respond to these high-demand areas. This is essential insight for anyone keeping an eye on the property market.
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#PropertyMarket #AustraliaProperty #RealEstateGrowth #InfrastructureImpact #HousingTrends #InvestmentOpportunities #Hotspotting #MarketInsights
News
AI shake-up hits classifieds: Rightmove and REA face market threats
AI disrupts classifieds market, impacting valuations and strategies for survival—experts share insights on adapting to change.
AI disrupts classifieds market, impacting valuations and strategies for survival—experts share insights on adapting to change.
AI is sending shockwaves through the classifieds market, wiping billions from valuations and raising questions about the future of major players like Rightmove and REA Group. Investors are now closely watching how technology like ChatGPT could reshape the way online classifieds operate.
Experts weigh in on how AI could disrupt traditional business models, and what companies must do to stay competitive in a rapidly changing landscape. From adapting strategies to embracing innovation, the classifieds industry faces pivotal choices in the age of artificial intelligence.
We speak with Darren Woolley on the potential risks, investor reactions, and strategies that could determine which companies survive—and which might thrive—amidst this AI-driven transformation.
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#AIImpact #Rightmove #REAGroup #Classifieds #TechDisruption #ChatGPT #MarketTrends #DigitalInnovation
News
Private sector jobs fall as ADP reveals major slowdown in November
ADP reports a surprising decline in November private sector jobs, raising concerns about labor market resilience and consumer sentiment.
ADP reports a surprising decline in November private sector jobs, raising concerns about labor market resilience and consumer sentiment.
ADP has revealed a surprise decline of 32,000 private sector jobs in November, signalling renewed pressure across the labour market. Small businesses in particular have been hit hardest, raising fresh concerns about resilience heading into the new year.
Economists warn that slowing hiring momentum and weakening pay growth point to a broader shift in worker demand. With consumers increasingly expecting unemployment to rise, sentiment across industries continues to cool.
The market now turns its attention to the upcoming Bureau of Labor Statistics report, which will offer a crucial read on whether this slowdown is temporary—or a sign of something much larger.
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#ADP #JobsReport #LabourMarket #EconomyNews #SmallBusiness #HiringTrends #Wages #TickerNews
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