Netflix is working on a new feature. Through this feature, the company wants to bring the option of live streaming to the platform. It will feature standup specials and unscripted shows. According to a report, the company is working on this feature when Netflix’s subscribers have decreased for the first time in a decade.
However, this feature of Netflix is in the early stages of development. It can also enable live voting during the broadcast of live shows. The report also states that she may bring back her live stand-up show.
Let us tell you that in the first quarter of 2022, the company had lost 2 lakh paid subscribers globally. According to an estimate, it may lose 20 lakh more subscribers in the second quarter. Netflix’s subscriber growth has been very low in the last year.
Netflix added 18.2 million subscribers worldwide in 2021. This is much less than the year 2020. Netflix gained 36 million new subscribers in the year 2020. The revenue growth of the company is also going down continuously.
Recently the company announced some changes. The company is also working on an ad-supported tier. It is not yet clear whether Netflix live streams will be monetized or not. Netflix won’t be the first platform to offer live streams.
This feature is already available on Disney Plus. It added 7.9 million new users last quarter. It first went live at the Academy Awards in February. It will also Livestream the celebrity dance competition series Dancing with the Stars.
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