Streamer Netflix announced on Tuesday that the company secured a 150% plus increase in upfront ad sales commitments compared to 2023. The news sent Netflix’s stock surging to an all-time high of $711.33 per share at one point on Tuesday.
In a blog post shared...
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 is entering a new era of content growth, with the streaming company looking to cut costs while also boosting its content offerings to remain on top of what is an increasingly competitive market.
According to Netflix Co-CEO Ted Sarandos, the streaming giant's new growth...
Netflix Inc has unveiled its latest strategic decision involving auto manufacturer General Motors. The company revealed that it will feature GM electric vehicles in some of its upcoming programming.
The streaming giant announced on Thursday that it has reached an agreement with General Motors to...
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...
