Subscribers

Netflix faces rocky road after pandemic wins

Overall, Netflix added 18.2 million members last year - roughly half the number who subscribed in 2020.

Investors had hoped that pace would start to pick up again.

But the firm's 2022 forecast brought bad news, sending shares down almost 20% in after-hours trade.

The firm said it expected to add just 2.5 million members in the three months to March - far lower than analysts had expected.

Netflix launches first games on smartphones

Starting Tuesday, the company will roll out updates to its Netflix app on Android smartphones, showing what games are available for download.

To begin with, five mobile games are included for Netflix subscribers.

The company is promising more to come - with no adverts in the game and no in-app purchases like those common in other mobile games.

Of the five games launching with the service, two are linked to the streaming giant's popular Stranger Things series:

Stranger Things: 1984

Stranger Things 3: The Game

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Teeter Up

Netflix to include mobile games for subscribers

In a letter to investors, it said it was in the early stages of expanding into games and those for mobile would be added to the platform first.

"The time is right to learn more about how our members value games," it said on Tuesday.

But Netflix shares dipped in after-hours trading after it missed a target on subscriptions.

The California-based company said it expects to sign up 3.5 million new customers in the three months to the end of September - less than the 5.86 million analysts had estimated.

Disney Plus racks up 50m subscribers in five months

When Disney Plus last announced viewing figures in February it had reached 26.5 million subscribers.

Since then, this has almost doubled as more people are online and stuck at home due to virus clampdowns.

Disney Plus, which rivals Netflix and Amazon Prime, rolled out to the UK and other parts of Europe last month.

All three streaming platforms are enjoying a huge boost in viewing figures as cinemas remain closed and people are forced to stay indoors.