Netflix goes live.

The subscription service and production company is doing its best to reimburse 200,000 paid subscribers lost in the first quarter of the year (the first in a decade), a corresponding drop in its stocks and layoffs.

For the first time in its 25-year history, it is exploring the possibility of deploying live broadcasts and (reportedly) is already in the early stages of product development.

Netflix has confirmed the accuracy of the story, adding that they are still in the early stages of exploring the possibility. However, he declined to provide a date and estimated date of arrival.

If the live broadcast does appear on Netflix, then the company can use it for unrecorded shows such as competition series, comedy shows and reality TV episodes. It could also give birth to new (anyway for Netflix) and audience participation opportunities, such as direct voting for talent contests and series contests.

It could also be used for the recent Netflix festival “Netflix is ​​a Joke,” which runs offline and showcased about 300 stand-up performances in Los Angeles, including Dave Chapel, Larry David and Pete Davidson. Netflix can broadcast it live so that its coverage covers the entire globe, and the festival had hundreds of thousands of viewers. It can also go via Hotstar and broadcast sporting events live (e.g. IPL 2022).

If Netflix eventually opens up the opportunity for a live broadcast, it will follow in Disney’s footsteps. In case you missed it, Disney + started live with its first live broadcast back in February. At the time, it broadcast the Oscars and added 7.9 million new users in the previous quarter. His Indian subsidiary Disney + Hotstar has been broadcasting live for quite some time, enjoying exclusive rights to broadcast cricket for IPL and other tournaments.

In the relevant news, Netflix has added a new Content Hub for those who watch the service on TV. It contains hand-picked collections to highlight holidays such as Women’s Day or Earth Day to make it easier for users to find their favorite movie genres and discover new ones.

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