Netflix seems to be getting increasingly desperate with its choices for original programming. Do we really need an Elvis Spy series? | Source: (i) AP Photo, file (ii) Shutterstock; Edited by CCNBy CCN Markets: Netflix is facing increasingly intense competition from multiple other streaming services. Whereas Netflix once seemed to be creating high-quality, intelligent, and…
Netflix has a new plan to win users in India: make its service incredibly cheap. The streaming giant today introduced a lower-priced mobile tier in the country that costs Rs 199 ($2.8) per month. The new subscription tier restricts the usage of the service to one mobile device (and one concurrent stream) and offers only…
Netflix said on Wednesday that it will roll out a cheaper subscription plan in India, one of the last great growth markets for global companies, as the streaming giant scrambles to find ways to accelerate its slowing growth worldwide. The company added 2.7 million new subscribers in the quarter that ended in June this year,…
A confluence of negative factors slammed Netflix in the past quarter, resulting in subscriber numbers and other metrics exposing Netflix’s vulnerabilities – and leaving the streaming giant’s stock plunging in after-hours trading. Netflix stock plunged 12% in after-hours trading. | Source: Yahoo FinanceNetflix Subscribers Wave Goodbye While earnings-per-share came in at $0.60, four cents above…
