DVD

• With 17 years of continuous technological advancements, UniConverter V15 presents video conversion and compression breakthroughs in compatibility, processing speeds, and quality output.
• For professional video creators, UniConverter V15 also preserves the best rendering effects by offering alpha channel video output solutions in MP4 and WEBM formats.
• Lightweight Video Tools: UniConverter V15 equips users with a complete video production workflow, incorporating smart tools such as video recorder, video editor, DVD burner, and a range of advanced AI-powered features.
• "For the past 17 years, our focus at Wondershare UniConverter has been to explore the intricacies of video conversion, with the goal of elevating efficiency in video creation and distribution," stated Ben Zhu, Product leader of UniConverter.

• Netflix announced plans to limit sharing earlier this year after experiencing its first subscriber loss in a decade in 2022.
• Its recent decision to offer cheaper, ad-supported tiers has also played a role in this increase in account numbers.
• But as the video streaming industry has become more competitive over the years, Netflix has had to keep changing its business model to survive.

Network effects

• This subscription-based service came with a US$19.95 (£15.42) price tag and no due dates or late fees.
• The relatively low price helped build an initial critical mass of users, triggering a network effect.
• Since then, Netflix’s business model has continued to be strengthened by network effects.

Conquering content

• Netflix’s large base of users means it can spread the cost of a show over a large number of users, providing content creators with indirect network effects.
• It also triggers a virtuous cycle for users, who return to the platform thanks to the growing amount and variety of content.
• Netflix’s own content creation has built on this.
• This feeds back into the creation of content that is tailored to what the audience wants to see.

Growing competition

• No longer able to count on large flows of new users, Netflix must increase revenues from existing users.
• It started by creating a basic subscription, which includes advertising and cannot be shared, as well as standard and premium subscriptions.
• The latter do not have advertising and allow subscribers to add other people at reduced rates.

• Over 3,000 significant correlations were found linking reductions in DNA methylation of various CpGs and cognitive, biomarker and neuroimaging endpoints.
• I have prepared this letter to shareholders to provide an update that synthesizes all the information that we have released and presented at recent medical conferences.
• NE3107 reduced CSF phospho-tau levels by -1.66 pg/mL (p=0.0343) and the ratio of p-tau to amyloid beta 42 (Aβ42) by -0.0024 (p=0.0401).
• P-tau and Aβ are traditional biomarkers of AD progression and have been the focus for AD researchers for decades.

• Streaming services have dramatically transformed the media landscape, allowing consumers unparalleled access to vast libraries of content.
• This increase in competition has created many challenges for streaming services and resulted in many services recently reporting losses of both subscribers and profits.

Content removal: for the consumer experience or just a tax write-off?

• Previously, content has been usually removed from streaming services due to licensing agreements.
• But the more recent content removal discussion raises questions associated with streaming services – and their overarching corporations – wanting to save money.
• The removal of original content from streaming services, in most instances, means they will not be accessible to viewers anywhere.
• More content is expected to disappear in upcoming quarters, which could also include original content.

Has the streaming bubble burst?

• It was reported Netflix lost 200,000 subscribers worldwide, the complete opposite of Wall Street’s expectation that the service would add 2.5 million subscribers.
• This was only exacerbated by the loss of 3.8 million subscribers to its Disney+ Hotstar streaming services (the Disney+ service offered in India and parts of Southeast Asia).
• Warner Bros Discovery also reported a financial loss of US$217 million across its streaming services.

The impact on viewers and creators

• Eliza Skinner, head writer for Earth to Ned, which was removed from Disney+, says they were not aware of the decision until seeing it reported in an article.
• Band of Brothers, The Pacific, Six Feet Under and Ballers will also be available on Netflix as part of the deal.
• This is a significant shift in the previous approach by streaming services to create “originals” as a way to increase subscriptions.

Too many chefs in the production kitchen

• For television series, licensing and agreements can become extremely complicated when multiple studios are involved across multiple seasons.
• This resulted in the first three seasons streaming on Disney’s Hulu service, while Netlfix had all five on its service.
• This was due to a “first run” agreement Foxtel had signed many years prior to Netflix’s involvement.

Will there be resurgence of physical media?

• That is, if you can find a store that sells physical media – Kmart removed the sale of physical media more than five years ago.
• But for much of the new content being produced, physical media are not available.
• This means consumers will not be able to access the content once it has been removed from a streaming service.