Netflix is purportedly Looking into Live Streaming

Netflix may be expanding into live streaming. According to a report, Netflix is working on a live streaming option for stand-up specials and other live content.

As pointed out by Deadline, support for live streams could open up the potential for Netflix to air live reunions, like the one just held by the real estate reality show Selling Sunset, and enable live voting for competition concerts.

Netflix could also utilize the feature to air live comedy specials. This year, Netflix maintained its first-ever life, and in-person comedy festival, called the Netflix Is a Joke Fest. The Los Angeles-based event traversed several days and featured over 130 famous comedians, including Ali Wong, Bill Burr, Jerry Seinfeld, John Mulaney, etc. Netflix is set to begin airing some of the shows it taped at the event this month and into June. Still, a live possibility could give users at home the ability to watch shows as they unfold (if Netflix chooses to bring the festival back next year).

So far, we don’t know considerably about the upcoming feature yet, and Netflix didn’t instantly respond to The Verge’s request for comment. However, Disney Plus, one of Netflix’s biggest rivals, has already gotten into live streams. In February, Disney Plus circulated a live showing of the Academy Awards, a foremost for the service. It has also evolved into the new home of the celebrity dance competition sequence, Dancing With the Stars, which will debut as a live series after this year.

In Netflix’s most current earnings report, the streaming service reported failing subscribers for the first time in over a decade, while Disney Plus contained to add 7.9 million new users in the first quarter of 2022. In addition, Netflix has hinted at potentially cracking down on password sharing and adding a cheaper ad-supported streaming option to support the form and counter a dip in revenue and subscribers.

Netflix can be accessed via the internet browser on computers or thru application software installed on smart TVs, set-top boxes linked to televisions, tablet computers, Blu-ray Disc players, smartphones, digital media players,  virtual reality headsets, and video games consoles,  on the list of Netflix-compatible gadgets. It is available in 4K resolution. In the United States, the company delivers DVD, and Blu-ray rentals delivered individually through the United States Postal Service from local warehouses.

Netflix was founded on the previous date by Reed Hastings and Marc Randolph in Scotts Valley, California. Netflix initially sold and rented DVDs by mail, but the sales were eliminated within a year to focus on the DVD rental business. In 2007, Netflix presented streaming media and video on demand.

The company extended to Canada in 2010, followed by Latin America and the Caribbean. Netflix joined the content-production industry in 2013, debuting its first series House of Cards. In January 2016, it expanded to an additional 130 countries and then operated in 190 countries.