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After a drop in subscriptions, Netflix is likely to restrict password sharing

Published

3 years ago

April 20, 2022

India

After a drop in subscriptions, Netflix is likely to restrict password sharing

Netflix is considering introducing a low-cost subscription supported by advertising. The changes are designed to help Netflix regain momentum lost over the past year. Pandemic-driven lockdowns that drove binge-watching have been lifted. Apple and Disney have begun to chip away at its audience with their own streaming services.

Netflix’s customer base fell by 200,000 subscribers during the January-March quarter. The drop stemmed in part from Netflix’s decision to withdraw from Russia. Netflix projected a loss of another 2 million subscribers in the current April-June quarter. It is the first contraction since it became available throughout most of the world six years ago.

Netflix shares plunged by more than 25% in extended trading after the video-streaming company revealed its disappointing performance. The erosion, coming off a year of progressively slower growth, has rattled Netflix investors. If the stock drop extends into Wednesday’s regular trading session, Netflix shares will have lost more than half their value this year.

Netflix says about 30 million people in the US and Canada are watching its video-streaming service for free. The company estimates that about 100 million households around the world are already using the service. “We’ve just got to get paid at some degree for them,” Netflix CEO Reed Hastings says.

Related Topics:Drop Netflix password restrict sharing subscription

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Tollywood

Day 6 box office receipts for Game Changer: Ram Charan’s film takes another hit, earning over ₹110 crore

Published

6 days ago

January 16, 2025

India

Day 6 box office receipts for Game Changer: Ram Charan’s film takes another hit, earning over ₹110 crore

Game Changer box office collection day 6: Ram Charan and Kiara Advani-starrer released in theatres on January 10.
Game Changer box office collection: Ram Charan, Kiara Advani-Game Changer is one the first big releases of this year, and came with huge audience expectations. However the film opened to mixed reviews and has performed decently at the box office. As per the latest version of Sacnilk.com, Game Changer has minted ₹6.11 crore in its sixth day of release. Game Changer is directed by Shankar.

Game Changer box office collection

The report states that Game Changer has now crossed the ₹110 crore mark at the box office. It minted ₹5.55 crore on its first Wednesday, which is the lowest for the film so far. The film had seen a slight growth on its fifth day of release, with ₹10 crore net. The overall collections now stand at ₹112.26 crore.

Game Changer minted ₹51 crore on its opening day, and saw a dip in collections on its second day with ₹21.6 crore. Day three collections were at ₹15.9 crore whereas day four net was ₹7.65 crore. The film saw a sharp decline in its weekdays and is yet to recover. Game Changer is facing stiff competition from a number of releases, which includes Nandamuri Balakrisha’s Daaku Maharaj, Unni Mukundan’s Marco and Allu Arjun’s Pushpa 2: The Rule.

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Amid box office concerns for the film, a pirated version of Game Changer was allegedly aired on a local TV channel and shown in buses. Screenshots of the same surfaced on X, which caught the attention of producer Sreenivas Kumar. He took to his X account to demand strict action on it.

A few days ago, the makers of the film had filed a complaint against individuals for allegedly leaking a pirated version of the film online. The complaint also states that before the film’s release, the producers and a few team members were threatened through social media and messaging platforms like WhatsApp, wherein the same alleged pirates demanded money from producers and threatened to leak the pirated version if their demands were not fulfilled.

Game Changer is directed by Shankar and stars Ram Charan, Kiara Advani, and SJ Suryah. The film has also been released in Tamil, Kannada, and Malayalam.

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After a drop in subscriptions, Netflix is likely to restrict password sharing

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Day 6 box office receipts for Game Changer: Ram Charan’s film takes another hit, earning over ₹110 crore

Game Changer box office collection

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