The support for live streaming could offer Netflix the possibility to broadcast live reunions, such as the one recently hosted by a real estate reality show and also enable live voting for competition shows, the report said.
Netflix can also take advantage of this feature to stream live comedy specials. This year, Netflix hosted its first-ever offline comedy festival called Netflix Is a Joke Fest. The Los Angeles-based event lasted several days and featured more than 130 popular comedians. Netflix will begin streaming some of the shows it recorded at the event later this month and in June, but the live feature will allow users to watch the comedy festival in real-time from their homes.
We recently learned that Disney Plus, one of Netflix’s biggest competitors, has dabbled in live streaming, and in February this year, Disney Plus aired a live broadcast of the Oscars, a first for Disney Plus, where the Star Dance Competition series “Dancing With the Stars” will also debut as a live show on the platform later this year.
In Netflix’s most recent earnings report, the streaming service saw its first subscriber churn in more than a decade, while Disney Plus added 7.9 million new subscribers in the first quarter of 2022. In response to slumping revenue and users, Netflix hints at a possible crackdown on password sharing, as well as a low-cost subscription model with ads.
So guys are you excited about live streaming coming to Netflix? Do let us know your thoughts on the same in the comments below!
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