Netflix is reportedly wanting into livestreaming

Netflix tried and failed to build fandom with Tudum

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Netflix could also be increasing into livestreaming. In response to a report from Deadline, Netflix is at present engaged on a livestreaming choice for stand-up specials and different reside content material.

As identified by Deadline, assist for livestreams might open up the likelihood for Netflix to air reside reunions, just like the one lately held by the true property actuality present Promoting Sundown, in addition to allow reside voting for competitors exhibits.

Netflix might additionally use the function to air reside comedy specials. This yr, Netflix held its first-ever reside and in-person comedy competition, referred to as the Netflix Is a Joke Fest. The Los Angeles-based occasion spanned a number of days and featured over 130 standard comedians, together with Ali Wong, Invoice Burr, Jerry Seinfeld, John Mulaney, and extra. Netflix is set to start out airing a few of the exhibits it taped on the occasion later this month and into June, however a reside choice might give customers at residence the flexibility to observe exhibits as they unfold (that’s if Netflix chooses to convey the competition again subsequent yr).

To this point, we don’t know a lot in regards to the upcoming function but, and Netflix didn’t instantly reply to The Verge’s request for remark. Disney Plus, considered one of Netflix’s largest rivals, has already gotten into livestreams. In February, Disney Plus aired a reside exhibiting of the Academy Awards, a primary for the service. It has additionally develop into the brand new residence of the movie star dance competitors collection, Dancing With the Stars, which is ready to debut as a reside collection on the platform later this yr.

In Netflix’s most up-to-date earnings report, the streaming service reported shedding subscribers for the primary time in over a decade, whereas Disney Plus managed to add 7.9 million new customers within the first quarter of 2022. To assist counter a dip in income and subscribers, Netflix has hinted at probably cracking down on password sharing, in addition to including a less expensive ad-supported streaming choice.

Disclosure: The Verge is at present producing a collection with Netflix.

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