After Disney+ glitches, Netflix stumbles into its own outage

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NEW YORK (BLOOMBERG) - The path to our streaming-video future has a few bumps.. Read more at straitstimes.com.

Netflix customers were cut off from service temporarily on Thursday , another high-profile disruption this month following the glitches that marred Walt Disney's launch of its highly anticipated Disney+ service.Within an hour, more than 1,000 complaints had been logged by Downdetector.com, a network-monitoring site.By 10.30pm, the service appeared to be restored on most devices.

"Some of our members were unable to use Netflix for approximately two hours today," a Netflix representative said.The outage didn't faze investors. After briefly declining, the shares were back near their intraday high by midday Thursday. The stock has climbed about 6 per cent since the Disney+ launch and is up more than 15 per cent for the year.

Even technology giants like Amazon and YouTube have had problems, though their glitches happened while broadcasting live sports online, which is seen as more difficult than streaming on-demand TV shows and movies. On the upside for Disney, the disruption was caused in large part by a surge of sign-ups. The company says it nabbed 10 million subscribers within days of launch.

 

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