Netflix is Likely Exploring Live Streaming Feature
On practically all social media platforms, live streaming is one of the most popular features. Facebook, Instagram, Twitter, and even YouTube allow you to go live and broadcast your content in its original form. According to recent reports, Netflix is working on a live streaming capability to broadcast its next slate of unscripted shows and stand-up specials.
The project is still in the early stages of development, according to Netflix. This capability will also be available for its unscripted shows and comedy specials in the near future. Netflix can also use this functionality to allow live voting for competition series and talent challenges, such as Dance 100, a new dance competition series from The Circle producer Studio Lambert.
Unfortunately, no information regarding the feature’s availability is provided. Because the feature is still in development, you might see it before the end of the year.
It’s also common knowledge that the corporation lost roughly 200k users in the previous quarter. Revenue growth has also slowed significantly, according to the corporation. To compensate for this loss, the company is attempting to implement more demanding features in order to increase user engagement.
In late 2022, Netflix plans to create a lower-cost ad-supported tier. Netflix also stated that the planned improvements will be “rapid and ambitious,” and that some “trade-offs” may be necessary.