Netflix’s Bird Box, You and other new programmes helped attract millions more subscribers to the streaming service last quarter. But slower sales growth disappointed investors riding high on a 50% stock gain in recent weeks.
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Netflix, criticised for its marketing practices, has denied that it tailors the promotions of movies and TV shows based on the race of viewers.
Netflix is growing faster than even its most bullish fans on Wall Street predicted, soothing doubts about its global prospects and sending its already-stratospheric stock higher.
Netflix stunned Wall Street by attracting fewer subscribers than expected last quarter, renewing concerns that the video-streaming service has become an investment bubble. The shares plunged as much as 15%.
Netflix is making significant inroads in South Africa, disrupting pay-television behemoth MultiChoice by providing a cheaper, more convenient and non-linear way of watching TV content. The streaming content provider is drawing
I try not to give billionaires or corporate managers unsolicited advice on what they should do with their money. Warren Buffett and Apple both have done rather well for themselves and their investors without
[dropcap]I[/dropcap]’m going to quiz you on two companies. One of them makes complex cars. The other makes Adam Sandler movies.…
Netflix has begun to reshape the TV business overseas just as it has in the US, its home market. The streaming-video provider scored a record second quarter, according to a statement Monday, surpassing
On a conference call last October, Netflix chief content officer Ted Sarandos described the hip-hop drama The Get Down as a success, like the booming streaming service’s other popular shows. Eight months and 11
For now, Netflix investors can have rapid subscriber growth or a big jump in profit – not both. The streaming video giant reported first-quarter user gains that fell short of estimates because there wasn’t a House of Cards-style hit to draw new viewers and