NETFLIX CUTS PRICES

NETFLIX CUTS PRICES

Netflix has cut prices of its subscription plans in some countries as the streaming giant looks to maintain subscriber growth amid stiff competition and strained consumer spending. The shares fell 3.3%. The past year has seen intense competition in the streaming...
NETFLIX CUTS PRICES

NETFLIX SHARES JUMP AFTER SUBSCRIBER SURGE

Netflix Inc. is growing again, and Hollywood can breathe a sigh of relief. The streaming leader added 2.41 million customers in the third quarter, exceeding internal forecasts as well as expectations on Wall Street. Netflix grew in all regions of the world and said in...
NETFLIX CUTS PRICES

NETFLIX CREATES INTERNAL STUDIO

Netflix is creating its first in-house videogames studio in a push to be less reliable on third-party creators and expand its gaming offerings. The new studio will be based in Helsinki and headed by Marko Lastikka, according to a statement from Netflix on Monday....