Meta Quest Browser To Stream Netflix In High Quality With Theater-Like Experience
Portfolio Pulse from Franca Quarneti
Meta Platforms Inc (NASDAQ:META) is enhancing the streaming experience on its Quest VR headsets by adding web browser support for Netflix Inc (NASDAQ:NFLX). This update allows high-quality streaming and a theater-like experience, addressing previous limitations of the Netflix app on Quest.
June 05, 2024 | 5:02 pm
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Meta Platforms Inc is enhancing its Quest VR headsets by adding web browser support for Netflix, enabling high-quality streaming and a theater-like experience. This update addresses previous limitations and could boost user engagement.
The update significantly improves the user experience on Meta's Quest VR headsets, potentially increasing user engagement and satisfaction. This could positively impact Meta's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Netflix Inc will benefit from Meta's update to its Quest VR headsets, which now support high-quality streaming via the browser. This could increase Netflix's viewership among VR users.
The improved streaming experience on Meta's Quest VR headsets could attract more Netflix viewers from the VR user base, potentially boosting Netflix's viewership and engagement.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80