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Netflix Is Exploring Live TV and Bundles as It Struggles to Keep Viewers Hooked
Netflix is considering launching live television channels and content bundles as subscriber engagement numbers begin to slide.
What: Netflix is exploring live programming and sports bundles to reverse a 40% stock decline over the last 12 months.
Why it matters: This shift marks a departure from Netflix's original pure on-demand model, as they attempt to replicate the recurring engagement of traditional cable television.
Original article
Netflix's subscriber engagement is showing signs of decline. While the company remains the industry leader among subscription-streaming services, shares are down more than 40% over the past 12 months. Executives have started discussing adding live channels that would continuously stream certain programs to bolster engagement. They are also looking at other sports events they can add to the streaming service.
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