According to a report by Deadline , the Netflix is currently working on a selection live stream for tributes stand up and other live content.
Όas indicated by Deadline , Netflix will soon launch live streaming support, and will broadcast live reunions, like what was recently done by real estate reality Selling Sunset, as well as to allow live voting for competitive broadcasts.
The Netflix could also use this new service to broadcast live comedies (stand-up comedy). This year, Netflix held its first live comedy festival, called Netflix Is a Joke Fest . This event is based in Los Angeles lasted for several days and presented over 130 popular comedians, including the Ali Wong, Bill Burr, Jerry Seinfeld, John Mulaney and others.
Netflix is going to start transmitting some of the shows will be filmed at the event later this month and June, and an option will be made available to give its subscribers the opportunity to watch the shows live as they unfold.
So far, we do not know much about the upcoming launch, and Netflix has not responded to its request. The Verge for a comment. THE Disney Plus, one of Netflix's biggest rivals, has already entered the live streaming industry, and last February, the Disney Plus broadcast it live Oscars for the first time, and has started broadcasting a series of celebrity dance competitions - the Dancing With the Stars, which later this year is going to make its debut as a live stream on the platform.
The Netflix recently reported that it lost subscribers for the first time in a decade, while on the contrary the Disney Plus managed to add 7,9 million new subscribers on its platform in the first quarter of 2022.
To be able to cope with the decline in revenue and subscribers, the Netflix hints that it may soon proceed with the cancellation of the password sharing, as well as the addition of a cheaper ad-supported service.
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