Illustration by Alex Castro / The Verge

It's possible that the company is expanding into livestreaming. According to a report from Deadline, the streaming service is working on a live option for stand-up specials and other live content.

According to Deadline, support for livestreams could allow for live voting for competition shows, like Selling Sunset, as well as allow for live reunions, like the one recently held by the real estate reality show.

The feature could be used to air live comedy specials. The first-ever live and in-person comedy festival was held by the streaming service. The Los Angeles-based event spanned several days and featured over 130 popular comedians, including Ali Wong, Bill Burr, Jerry Seinfeld, John Mulaney, and more. The shows that were taped at the festival will be aired later this month and into June, but a live option could give users at home the ability to watch the shows as they unfold.

Adding a livestreaming feature could help Netflix keep up with its competitors

We don't know much about the upcoming feature yet, and the company didn't respond to The Verge's request for comment. Disney Plus is one of the biggest rivals of the streaming service. Disney Plus broadcasted a live showing of the Academy Awards. Dancing With the Stars is set to debut as a live series on the platform later this year.

In its most recent earnings report, the streaming service reported losing subscribers for the first time in over a decade, while Disney Plus added 7.9 million new users. Password sharing could be cracked down on, as well as a cheaper ad-supported streaming option, in order to counter a dip in revenue and subscribers.

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