Netflix Co-Founder Hastings Exits
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Netflix and YouTube set to dominate global video audiences by 2027
Netflix is forecast to surpass 1 billion monthly active users globally by 2027, while YouTube is expected to approach 3 billion users worldwide, according to a report from market intelligence firm Omdia.
Netflix has entered a new ad-funded era. Subscription fees still provide the bulk of its revenue with ad revenue accounting for just 3 per cent of its total full-year earnings, but the streaming platform’s ad tier has evolved from experimental offerings ...