Netflix may be expanding into live streaming. According to a report from DeadlineNetflix is currently working on a live streaming option for stand-up specials and other live content.
As has been pointed out by DeadlineSupporting live broadcasts could open up the possibility for Netflix to broadcast live meetings, like the one the real-estate reality show did recently. sunset saleas well as enabling live voting for competition shows.
Netflix could also use the feature to stream stand-up comedy specials. This year, Netflix held its first live, in-person comedy festival, called Netflix Is a Joke Fest. The Los Angeles-based event spanned multiple days and featured more than 130 popular comedians, including Ali Wong, Bill Burr, Jerry Seinfeld, John Mulaney and more. Netflix is scheduled to start streaming some of the shows it recorded at the event later this month and into June, but a live option could give users at home the ability to watch shows as they unfold (that’s if Netflix chooses to bring the festival back next year).
So far, we don’t know much about the upcoming feature, and Netflix didn’t immediately respond to the edgecomment request. Disney Plus, one of Netflix’s biggest rivals, has already gotten into live streaming. In February, Disney Plus streamed a live performance of the Academy Awards, a first for the service. It has also become the new home for the celebrity dance competition series, dancing with the starswhich will debut as a live series on the platform later this year.
In Netflix’s most recent earnings report, the streaming service reported losing subscribers for the first time in more than a decade, while Disney Plus managed to add 7.9 million new users in the first quarter of 2022. To help counter the drop in revenue and subscribers, Netflix has hinted at the possibility of cracking down on password sharing, as well as adding a cheaper ad-supported streaming option.
Divulgation: the edge He is currently producing a series with Netflix.