Netflix is currently experiencing outages around the world, but affecting mostly users in the United States and Europe. According to Down Detector, users began reporting issues around 12PM Eastern Standard Time on Wednesday, and many people are still unable to connect to the streaming service on different platforms, including mobile, PCs and smart TVs. Many…
Netflix said on Tuesday that it is lowering its traffic on network providers by 25% in India for a period of 30 days, following a similar move in Europe in a bid to reduce the congestion on internet pipelines. The American giant said that despite lowering the strain it puts on internet service providers, it…
Millennials are the generation most worried about coronavirus. They’ve stopped shopping in physical stores, while tech conferences and music festivals are canceling events. But will millennials give up “Netflix and Chill” to avoid getting sick with COVID-19? Record high STD outbreaks in the U.S. suggest they probably won’t. It’s not just their portfolios that millennials…
Netflix’s stock price rose by as much as 2% on Tuesday en route to fresh 52-week highs. The broader stock market was down roughly half a percent amid coronavirus fears. Netflix faces intense competition in the online video streaming market, but its Q4 results showed a healthy pace of new subscribers added. Shares of Netflix…
Netflix’s user base continues to grow despite the emergence of serious competitors. The streaming company is just starting to penetrate international markets. Analysts see NFLX stock popping to $400 and beyond. Many investors have shunned Netflix (NASDAQ:NFLX) as the on-demand video streaming space starts to become overcrowded. The emergence of Disney Plus and Apple TV…
Netflix grew by 8.8 million net subscribers in the fourth quarter of 2019, according to its latest earning report, putting its growth well ahead of its forecast of 7.6 million. The company says it has 167 million paid memberships worldwide, with more than 100 million outside the United States. It also reported stronger-than-expected financials, with…
Netflix releases Q4 and full year financial results on January 21, the first set of results since Apple and Disney entered the video streaming fray. Growing competition requires a change of tact at Netflix. An ad-supported video streaming plan would come with risks but also opportunities that are hard to resist. The list of Netflix…
“The Goop Show,” an upcoming reality series co-hosted by Gwyneth Paltrow and tied to her lifestyle company Goop, now has a launch date and a trailer. Goop has faced many accusations of promoting and selling pseudoscience — most notoriously, perhaps, in selling jade eggs for vaginas — and it seems like the series is embracing…
The bull market of the last decade saw record-setting economic growth. Top performing investments across asset classes delivered incredible ROIs….
Netflix is expanding its theatrical presence by signing a long-term lease for The Paris Theatre, a historic single-screen venue in New York City. This follows reports that Netflix is also working to buy the Egyptian Theatre in Los Angeles. And while these might seem like odd moves for a streaming company, they may also be…
