Netflix could also be increasing into livestreaming. In accordance with a report from Deadline, Netflix is at present engaged on a livestreaming choice for stand-up specials and different dwell content material.
As identified by Deadline, assist for livestreams might open up the chance for Netflix to air dwell reunions, just like the one not too long ago held by the actual property actuality present Promoting Sundown, in addition to allow dwell voting for competitors exhibits.
Netflix might additionally use the function to air dwell comedy specials. This yr, Netflix held its first-ever dwell 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 well-liked comedians, together with Ali Wong, Invoice Burr, Jerry Seinfeld, John Mulaney, and extra. Netflix is set to start airing among the exhibits it taped on the occasion later this month and into June, however a dwell choice might give customers at house the power to observe exhibits as they unfold (that’s if Netflix chooses to deliver the competition again subsequent yr).
Thus far, 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, one in every of Netflix’s largest rivals, has already gotten into livestreams. In February, Disney Plus aired a live showing of the Academy Awards, a primary for the service. It has additionally turn out to be the brand new house of the celebrity dance competition series, Dancing With the Stars, which is ready to debut as a dwell collection on the platform later this yr.
In Netflix’s most up-to-date earnings report, the streaming service reported losing subscribers for the primary time in over a decade, whereas Disney Plus managed to add 7.9 million new users 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 cheaper ad-supported streaming option.
Disclosure: The Verge is at present producing a collection with Netflix.