Tag: Netflix

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 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...

Former CEO of Yahoo Marissa Mayer revealed in an interview on Saturday that passing up the opportunity to invest in Netflix remains one of her major regrets during her time leading Yahoo. Mayer explained that while the decision to acquire Netflix or rival streaming platform...

Streaming giant Netflix shared its first-quarter earnings report on Tuesday that revealed mixed results. The company managed to beat the Wall Street estimates on earnings per share (EPS) but failed to clear the mark on revenue and subscribers estimates. Netflix reported revenue of $8.16 billion,...

Investors have shifted their focus to the likes of Netflix, Tesla, Goldman Sachs, and Bank of America as a busy week of quarterly earnings reports is expected to get underway. These earnings results are expected to provide some guidance on the direction of the U.S....