Netflix users don’t seem to mind a few ads if that will get them a lower price on watching their favorite movies and TV shows. As part of its third-quarter earnings shared on Thursday, which beat the estimates, the streaming service giant revealed that...
Netflix stocks closed 2% lower on Thursday after falling 5% the previous day. This comes after comments from CFO Spencer Neumann at Bank of America's Media, Communications, and Entertainment Conference that touched on the company's lower-than-expected outlook on its operating margins.
After speaking on numerous...
New Netflix subscribers in the U.S. will no longer have access to the streamer’s lowest-priced ad-free plan. The company removed the $9.99 a month “Basic” plan from its U.S. offering this week after making the same move in Canada in June.
According to the statement...
Netflix co-CEO and co-founder Reed Hastings announced on Thursday his decision to step down from his role in the company. As a result, COO Greg Peters will step into Hastings' role, where he will work together with co-CEO Ted Sarandos. Hastings will now serve...
Investors are anticipating news of Netflix's subscriber numbers and the performance of its recently debuted ad-supported tier when the streaming giant releases its fourth quarter financial results once trading commences on Thursday.
While subscriber numbers declined during the first three quarters of 2022, investors expect...
We finally learned more about Netflix’s highly-anticipated ad-supported subscription plan. The streaming service giant revealed several details about the tier, including the launch date and price.
The ad-supported plan will officially roll out in Canada and Mexico on November 1st before making its way to...
