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Netflix Shares Details and Price of Its Ad-Supported Plan

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...

Investors Express Positive Growth Outlook On Netflix Ad-Supported Tier

Wall Street analysts have expressed confidence in Netflix's ability to recover from its stock market slump thanks to the streaming service's upcoming ad-supported tier. Citigroup bank raised its price target for Netflix shares from $275 to $305 with Citigroup analyst Jason Bazinet estimating a...

Netflix Shares Jump 8% After Less-Than-Expected Q2 Subscribers Loss

Netflix had few good days on the stock market in recent months, but it looks like things have started to trend in the positive direction for the shares of the streaming service giant. Netflix stock (NFLX) surged 8% in extended trading on Tuesday after...

Netflix Partners With Microsoft for Its Ad-Supported Plan

As you probably know, the streaming service powerhouse Netflix has decided to introduce an ad-supported subscription plan to its platform. And now, the company has found a partner for this venture. Netflix announced on Wednesday that tech giant Microsoft would be its partner for the...

Netflix Lays Off 300 Employees Amid Growing Costs

Streaming service giant Netflix has slashed its workforce by four percent amid growing costs and struggles to keep subscribers. The layoff mostly affected the workers in the United States and saw 300 employees lose their jobs. Netflix has now scaled down on the workforce for...