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Netflix is chilling in Iceland but the rest of the world is a problem

Although he later dismissed it as a “playful misfire”, Bruce Springsteen’s 1992 single “57 Channels (And Nothin’ On)” is a decent pop song and a good summary of the current threat to television. Netflix attracted 15.8m additional customers in the first quarter. The crunch is not immediate — Netflix is in post-production on a series of hits such as the next series of The Crown — and the company says it can stick to its planned releases into next year. Read More...

Although he later dismissed it as a “playful misfire”, Bruce Springsteen’s 1992 single “57 Channels (And Nothin’ On)” is a decent pop song and a good summary of the current threat to television. Netflix attracted 15.8m additional customers in the first quarter. The crunch is not immediate — Netflix is in post-production on a series of hits such as the next series of The Crown — and the company says it can stick to its planned releases into next year.

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