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Netflix stock drops more than 10% as earnings show huge decline in new subscribers

Netflix Inc. shares plunged more than 10% in the extended session Wednesday after the video-streaming giant badly missed projections for new paid subscriptions......»»

Category: topSource: marketwatchJul 17th, 2019

: Netflix paid just $4.4 million in U.K. taxes in 2019 despite reaping $1.3 billion from subscribers

Netflix reaped an estimated £940 million ($1.3 billion) from British subscribers in 2019 but the streaming giant paid just £3.2 million in U.K. corporation taxes that year......»»

Category: topSource: marketwatch22 hr. 20 min. ago

Netflix subscribers cross 200M as viewers escape world"s woes

The streaming giant exceeded its fourth quarter projections, reporting 8.5 million paid net additions for a full year record total of 37 million paid memberships, a 31% increase compared to 28 million paid net adds in 2019......»»

Category: topSource: foxnewsJan 19th, 2021

Netflix subscriber base surges as coronavirus keeps viewers indoors

The streaming giant reported 15.7 million global net paid subscriber additions......»»

Category: topSource: foxnewsApr 21st, 2020

Jerry Seinfeld"s new Netflix comedy special debuts next month as part of a reported $100 million deal. Here are 6 comedians Netflix has paid huge amounts of money to.

Netflix Netflix announced on Friday that Jerry Seinfeld's next comedy special, "23 Hours to Kill," will debut globally on the platform on May 5. It's part of a huge deal that Seinfeld struck with the streaming giant in 2017 that's wo.....»»

Category: topSource: businessinsiderApr 12th, 2020

Netflix adds nearly 9 million subscribers in first face-off with Disney+

Netflix Inc. defied Wall Street's expectations — and its own — on Tuesday, adding nearly 8.8 million paid global subscribers in the fourth quarter, up 20 percent from the same time frame a year ago. The streaming giant had forecast 7.6 million gl.....»»

Category: topSource: bizjournalsJan 21st, 2020

Key Words: Eddie Murphy returns to ‘SNL,’ and brings ‘half of Netflix’s budget’ onstage

Eddie Murphy hosted “Saturday Night Live” and was joined onstage by fellow comedy legends Chris Rock, Dave Chappelle and Tracy Morgan......»»

Category: topSource: marketwatchDec 22nd, 2019

Netflix denied blocking a viewer on Twitter after he publicly spoiled the plot of a new show from the streaming giant

Netflix Netflix has denied a claim it blocked a Twitter user for spoiling the plot of one of its upcoming shows. Netflix shared the trailer for "Messiah" on Tuesday, asking followers: "Who do you think he is?".....»»

Category: topSource: businessinsiderDec 8th, 2019

Netflix shares surge despite missing subscriber forecast for the 2nd quarter in a row

For the second quarter in a row, Netflix Inc. fell short of its projections for subscriber growth. The streaming giant reported the addition of 6.8 million paid memberships in its third-quarter earnings — slightly less than the 7 million net adds it .....»»

Category: topSource: bizjournalsOct 16th, 2019

Netflix shares plunge as U.S. subscriptions slide

Netlix.com Inc. added 2.7 million paid memberships worldwide in the second quarter, the Los Gatos-based streaming giant said on Wednesday — significantly missing the company’s forecast that it would gain 5 million new members during the period. Share.....»»

Category: topSource: bizjournalsJul 17th, 2019

Netflix shares plunge as U.S. subscriptions slide

Netlix.com Inc. added 2.7 million paid memberships worldwide in the second quarter, the Los Gatos-based streaming giant said on Wednesday — significantly missing the company’s forecast that it would gain 5 million new members during the period. Share.....»»

Category: topSource: bizjournalsJul 17th, 2019

Netflix Now Owns StoryBots

Streaming video giant Netflix, Inc. (NASDAQ: NFLX) reached an agreement to acquire StoryBots, a kids media brand best known for creating the "Ask The StoryBots" animated show. read more.....»»

Category: blogSource: benzingaMay 9th, 2019

Netflix adds record paid subscriptions in Q1 but forecasts slowdown in Q2

The streaming giant beat its first-quarter guidance, adding 9.6 million paid subscriptions worldwide during the January-March period......»»

Category: topSource: bizjournalsApr 16th, 2019

Netflix adds record paid subscriptions in Q1 but forecasts slowdown in Q2

The streaming giant beat its first-quarter guidance, adding 9.6 million paid subscriptions worldwide during the January-March period......»»

Category: topSource: bizjournalsApr 16th, 2019

Netflix chief marketing officer to leave

Netflix Inc said on Thursday Chief Marketing Officer Kelly Bennett will step down after seven years in the role, during which the online video-streaming giant's paid subscribers jumped five-fold to 139 million......»»

Category: topSource: reutersMar 7th, 2019

Former Cavs player says LeBron James once organized an All-Star comedy show for the team just for fun

Adam Glanzman/Getty Former Cleveland Cavaliers forward Richard Jefferson said LeBron James once organized a comedy show for the team featuring Dave Chappelle, Ch.....»»

Category: topSource: businessinsiderApr 25th, 2018

HBO and Netflix, Reluctant Rivals, Party Down After Winning 23 Emmys Apiece

After years of Emmy glory, HBO hosted a civilized affair in an airy plaza. The Netflix party was loud, with Dave Chappelle and Tiffany Haddish among the revelers......»»

Category: mediaSource: nytSep 18th, 2018

Netflix"s "Sex Education" is its latest hit British TV show — and this time the streaming giant didn"t pick it up from a TV network

Netflix's "Sex Education" has an 89% criti.....»»

Category: topSource: businessinsiderJan 14th, 2019

Netflix added a record number of paid subscriptions in Q4

Netflix Inc. slipped in after-hours trading despite news that the streaming giant added a record number of paid subscribers in the fourth quarter. The platform reached 139 million paid members worldwide, up 8.8 million — or 26 percent. Netflix (.....»»

Category: topSource: bizjournalsJan 17th, 2019

It’s not HBO. It’s ‘Fortnite’ that worries Netflix

Netflix Inc. added a record number of paid subscribers in the fourth quarter, but that’s not the only tidbit that the streaming giant shared in its earnings report. The company posted net income of $134 million, or 30 cents per share, on revenue ofÂ.....»»

Category: topSource: bizjournalsJan 21st, 2019