Following the popularity of the "Squid Game" series, Netflix is hoping to ride its Korean surge to greater success elsewhere in the Asia-Pacific region in order to attract more subscribers.
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The firm reported a 75% jump in advertising sales for the third quarter and has projected over ¥131.8 billion in advertising sales for the first time on an annual basis.
The robust figure underscores the windfall that one megahit can generate in the streaming era.
Video games give Netflix another way to lure new customers and may make it easier to justify price increases in coming years.
Financial terms of the deal weren’t disclosed, though previous reports suggest Sony was seeking as much as $250 million a year.
Netflix’s basic plan will climb to ¥990 a month from ¥880, while the standard tier rises to ¥1,490 from ¥1,320.
While OnlyFans is closely associated with adult models, more traditional celebrities are turning to the platform.
Wondery is one of the largest independent podcasting studios and networks, reaching a monthly audience of more than 8 million people.
His ascension symbolizes the transformation of Netflix from a technology company into the world’s most valuable movie and TV company.
Apple Inc. is seeking to reduce record labels' share of revenue from streaming as part of negotiations to revise the iPhone maker's overall relationship with the music industry, according to people familiar with the matter. The talks cover Apple's agreements for Apple Music, the two-year-old ...