Zoom’s 85% Selloff Has Analysts Calling for a Rally
(Bloomberg) -- The selloff in Zoom Video Communications (NASDAQ:ZM) Inc.’s stock may have gone too far. That’s the message from Benchmark Co.’s Matthew Harrigan and other analysts, who...
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Netflix News & Analysis
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Big setback for Netflix! 36 lakh Americans cancel subscriptions in first quarter
In the past six quarters, Netflix "Gross Additions" have remained fairly stable, ranging from 2.2 million to 2.9 million.
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Netflix saw 3.6 mn service cancellations in US in Q1
San Francisco, May 22 (IANS) As Netflix (NASDAQ:NFLX) admitted that it is fast losing paid subscribers, data analytics provider Antenna has revealed that the subscription platform actually...
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Most Watched Movies on Netflix So Far This Month
A what-if comedy and the sequel to a risqué romantic drama were the two most popular movies on Netflix during the first half of May. To determine the most watched movies on Netflix so far...
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Walmart, Spirit Airlines, Netflix: Stocks That Defined the Week
Here are seven major companies whose stocks moved on the week’s news.
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Republicans on IRS funding are ‘like the guy in the hot dog suit,’ top Democrat says, likening their complicity in gutting the agency to a viral Netflix comedy sketch
An underfunded IRS has led to billions in lost tax revenue.
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Netflix pays $59 mn to set up legal entity and settle tax dispute in Italy
Netflix has agreed to pay more than 55.8 million euros and set up a legal entity in Italy to settle a tax dispute, Milan prosecutors said on Friday.
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Netflix announces slew of new accessibility features, ramps up audio descriptions and subtitling
A big reason the platform has been planning for this expansion is that more subscribers are watching content from across the globe.
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Netflix to pay $59 million to settle Italian tax dispute
Prosecutors had opened an investigation into potential tax evasion three years ago. They claimed Netflix should have paid taxes in Italy because it relied on digital infrastructure to stream...
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Netflix expands its audio description, subtitling accessibility features
The streaming giant is expanding the language availability to over 20 languages for supporting the Deaf and Hard of Hearing (SDH)
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Netflix aims to be more accessible with audio descriptions, subtitles features
To mark Global Accessibility Awareness Day this year, Netflix has made some helpful additions to the platform.
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At TV's Upfront Pitch, Traditional TV Takes a Back Seat While Netflix Is on Every Lip
At the upfronts, as the television industry’s annual pitch event for advertisers is known, the traditional TV aspect of the spiel this year may have never been less important.
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Netflix actually losing long-term paid subscribers: Report
San Francisco/New Delhi, May 19 (IANS) Netflix (NASDAQ:NFLX) is fast losing long-term subscribers -- who have been with the streaming service for more than three years - further adding to...
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Netflix Investors Brace for Another Sell-Off
Those who believe the financial situation at Netflix could get no worse should prepare for another rude piece of news.
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Netflix loses more long-term subscribers
Netflix subscribers who used the app for more than three years accounted for just 5 per cent of total cancellations at the start of 2022.
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RRR’s Hindi version to release on Netflix on May 20 instead of June 2
The streaming giant has rescheduled the release of the Hindi version by 12 days due to crazy demand. Earlier, the Hindi version of RRR was supposed to release on June 2.
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Walmart to Target to FAANGM to crypto - the bears rule for now
After notching its worst month since 2008 in April, the tech-heavy index continues to deflate this month too, with many in danger of seeing their gains from the pandemic's earlier phases,...
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After disrupting TV and upending Hollywood, Netflix could be looking more like a cable network and movie studio
Netflix's subscriber woes this year could be pushing it to be more and more like the industries it disrupted.
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Target, Lowe's, Netflix Fall Premarket; TJX Rises
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Wednesday, May 18th. Please refresh for updates. Target (NYSE:TGT) stock slumped 23% after the big-box...
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Dow Futures Down 120 Pts; Earnings From Target, Lowe's Disappoint
By Peter Nurse Investing.com -- U.S. stocks are seen opening lower Wednesday, handing back some of the previous session’s gains after disappointing quarterly results from retail giants ...
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Netflix lays off 150 employees amid slow revenue growth
San Francisco, May 18 (IANS) Streaming giant Netflix (NASDAQ:NFLX) has laid off nearly 150 employees, primarily in the US, as it suffers from slow user growth amid stalled paid...
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Netflix lays off 150 employees mostly in US amid slowing growth
The layoffs represent approximately 2% of the company's workforce in the United States and Canada.
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Netflix lays off approximately 150, mostly in US
The job cuts come as Netflix reported its first loss of subscribers in more than a decade and forecast deeper losses in the coming quarter. It said the war in Ukraine and fierce competition...
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Netflix lays off 150 employees in cutback after subscriber loss
Netflix lost 200,000 subscribers in the first quarter.
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Netflix lays off about 150 employees, mostly in the U.S
(Reuters) -Netflix on Tuesday said it has laid off about 150 people, mostly in the United States, as the streaming service company faces slowing growth.
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: Netflix lays off 150 workers as executives look to cut costs
Netflix Inc. is laying off about 150 employees, according to an internal memo sent Tuesday and confirmed by the streaming giant.
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Netflix lays off 150 employees as the streaming service contends with big subscriber losses
Netflix is laying off around 150 employees across the company, CNBC confirmed Tuesday.
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DNEG enters into a multi-year visual effects agreement with Netflix
The new agreement extends and expands on a previous agreement that the companies signed in September 2020 and creates a pipeline of Netflix programming work for DNEG through 2025
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Netflix: Will Staggered Strategy Stimulate Subscriber Growth?
Shares of Netflix (NASDAQ: NFLX) are far off from their 2021 highs with the stock currently hovering near its 52-week low of $162.71, and has cratered 68.8% year-to...
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Netflix, Meta dumped by Tiger Global, other hedge funds amid tech sell-off
The move away from Netflix, whose stock price is down 69% for the year to date, comes as fund managers reassess large technology companies which rallied following the start of the...
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Midday Stock Movers: SoFi, Coinbase, Netflix
By Sam Boughedda Investing.com -- U.S. equities are mixed Monday after initially starting the session firmly lower. The Dow is up, while the S&P 500 and Nasdaq are trading slightly down at...
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Wedbush Upgrades Netflix to Outperform, Analyst Says 50% Rally in Shares is 'Achievable' in Next 12 Months
Wedbush analyst Michael Pachter upgraded Netflix (NASDAQ:NFLX) shares to Outperform from Neutral with a $280.00 per share price target. The upgrade call is based on expectations that the...
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Netflix tells employees to quit if they do not like content it offers
In the updated guidelines, Netflix has asked employees to be prepared to work on the content they may not agree with. The company added that anyone who doesn't like the content offered on...
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Netflix Seeks New Revenue Generating Avenues
After it reported a subscriber loss in Q1 2022, Netflix (NFLX) is signaling that it is not going to be business as usual. As it pursues new growth opportunities, the company is taking steps...
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'If you don't like our content, you can quit': Netflix to workers
Netflix has told its employees that if they do not agree with its content, they can leave the streaming giant -- a move that received a thumbs up from Tesla CEO Elon Musk.
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This is Netflix’s ‘good move’ according to Elon Musk; here's what he said
Billionaire Elon Musk has hailed Netflix's recent policy move. Here's what he said exactly.
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Netflix may soon add a livestreaming option for talent hunt shows, stand-ups
Netflix's upcoming live-streaming feature is reportedly in the early stages of development at the moment, but once implemented, this would allow Netflix to ask its viewers for live voting...
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Netflix plans to check subscriber base decline with livestreaming service for stand-up specials
The streaming service giant also plans to start cracking down on password sharing among subscribers around the same time.
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Netflix asks employees to leave if they get offended by THIS
Netflix employees staged a walkout in protest of the company's decision to retain the comedian's special on the service despite criticism that it was homophobic and transphobic.
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Key Words: Netflix tells employees, ‘You may need to work on titles you perceive to be harmful’
'If you’d find it hard to support our content breadth, Netflix may not be the best place for you,' the company culture section ended.
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Netflix Defended at JPMorgan, Analyst Says 'Never Count Them Out'
JPMorgan) analyst Doug Anmuth reflected on the recent weakness seen in Netflix (NASDAQ:NFLX) stock. Netflix trades over 70% lower YTD and roughly 75% from the record high. Anmuth reminds...
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Consumer Sentiment, Affirm Earnings, Robinhood Stock: 3 Things to Watch
By Liz Moyer Investing.com -- U.S. stocks stumbled on Thursday yet again, on lingering concerns that inflation pressures will force the Federal Reserve to act more aggressively on interest...
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Dow Futures Down 150 Pts; Disney Results, PPI Data in Focus
By Peter Nurse Investing.com -- U.S. stocks are seen opening lower Thursday, continuing the previous session’s sharp selloff with investors worried that persistent and elevated inflation...
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The Ratings Game: Disney is faring better than Netflix, but how much does that matter?
Shares of Walt Disney Co. were dropping in Thursday morning trading after the media giant easily topped expectations with its latest Disney+ subscriber numbers but suggested that the recent...
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Disney+ adds 7.9 mn subscribers in Jan-Mar period as Netflix bleeds
Bob Chapek, CEO of The Walt Disney Company said that the company is on track to reach 230 to 260 million subscribers by fiscal 2024
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Disney+ adds 7.9 million subscribers as Netflix bleeds
May 12 Walt Disney Co eased concerns on Wednesday about the future of streaming video by picking up 7.9 million new Disney+ customers, although the company warned supply chain disruptions...
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Shutterstock Acquires Pond5 for $210 Million
By Sam Boughedda Investing.com -- Shutterstock (NYSE:SSTK) announced Wednesday that it has acquired Pond5 for $210 million in cash. Pond5 is an online marketplace for royalty-free and...
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Disney Bulls Stay Put Even After Netflix Streaming Slump
(Bloomberg) -- Even as Walt Disney (NYSE:DIS) Co.’s stock heads for its biggest annual drop in at least 47 years, analysts are clinging to their price targets for the media giant,...
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Netflix set to stream ads this year amid slow user growth
San Francisco, May 11 (IANS) Battered by slow growth and diminishing global user base, Netflix (NASDAQ:NFLX) has fast forwarded its plans to bring ads right into its TV shows and...
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