|Day's range||83.20 - 83.20|
The Directors Guild of America reached a tentative agreement with the Alliance of Motion Picture and Television Producers as the writers' strike enters its sixth week.
Swedish streaming service Viaplay has ousted its chief executive, warned of a loss this quarter and scrapped its forecasts, sending shares in the group that bet heavily on a mix of football and Nordic noir drama down by more than 60 per cent. The company, which had styled itself as a competitor to Netflix in Europe, shocked investors after disclosing the rapid deterioration in its business in a press release issued at 2am Swedish time on Monday. Alongside the exit of Anders Jensen, who has had the top job since 2018, Viaplay also withdrew its long-term guidance for sales, subscriber and profit growth entirely.
Netflix (NASDAQ: NFLX) has enacted its password-sharing monetization strategy. Gone are the days of using your parent's or friend's Netflix account for free, as Netflix now requires extra user slots to be purchased for $8 more per month if the viewer doesn't reside in the same household as the main account holder. The effect of Netflix's password-sharing crackdown could be massive.
The Hollywood writers' strike in 2007 and 2008 rippled across California's economy, and the stakes for the current strike may be even higher.
Netflix will meet with its board to discuss the pay package following the failed vote; however, the board could still approve the plans despite the disapproval from shareholders.
Today's Research Daily features new research reports on 16 major stocks, including Exxon Mobil Corporation (XOM), AstraZeneca PLC (AZN) and Netflix, Inc. (NFLX).
Among Meta Platforms (formerly Facebook), Apple, Amazon, Netflix, and Alphabet (formerly Google), there are two outperformers billionaire investors are piling into and one industry leader they're selling.
Amid earnings reports and the ongoing writers' strike, media stocks struggled in the month of May. Yahoo Finance media reporter Allie Canal breaks down the stock performance of several media companies and what to expect going into the summer.
Netflix has proven to be a recent outperformer in the media sector as Paramount, Disney, and Warner Bros. Discovery stocks have seen large declines in the last month.
In the latest trading session, Netflix (NFLX) closed at $395.23, marking a +0.57% move from the previous day.
Find out why these two stocks could be your ticket to impressive returns in the market's next bull run.
These companies operate at the intersection of technology and media trends, and have what it takes to be big winners.
No streaming service is still assured that its subscribers will remain interested enough to continue paying its monthly fee.
Netflix (NASDAQ: NFLX) has taken investors on a wild ride over the past two years. The streaming media giant's shares surged during the buying frenzy in growth stocks and closed at an all-time high of $691.69 on Nov. 17, 2021. Is it finally safe to buy Netflix's stock after those massive price swings?
Netflix has several ad-free plans, but they're not cheap. Other streaming apps have ad-free plans for less. Check out some cheaper options to consider.
Netflix (NASDAQ: NFLX) has finally done it -- it's begun cracking down on password-sharing in the U.S. and the U.K. And while Wall Street has been anticipating the move for a while, the company has been opaque about exactly when it would clamp down, and what that enforcement would look like. After losing millions of subscribers in the first half of fiscal 2022, Netflix decided it was time to deal with the approximately 100 million viewers accessing its content via other people's login details (also known as "sub accounts"). Netflix has long known that its customers were freely passing their login details to others, but for years the company framed it as a net positive.
Netflix (NASDAQ: NFLX) has been facing a hypercompetitive industry in recent years as numerous streaming companies vie for viewers' attention. To spur growth, Netflix introduced a cheaper, ad-based tier, and the business is cracking down on accounts that share passwords. Let's look at three reasons why investors would want to buy the top streaming service stock, as well as a compelling reason to sell.
The days of ad-free streaming TV are coming to an end. Comments from Disney (NYSE: DIS) and Netflix (NASDAQ: NFLX) executives indicate that the industry is going to see more ads and, given the success of those ads so far, much higher prices.
Investigations into Johnson’s lockdown diary spotlight the use and misuse of grand government residences
In November 2021, after more than a year of COVID-19 lockdowns, Netflix's (NASDAQ: NFLX) shares were trading at almost $690 apiece. Netflix got into the gaming space in late 2021, rolling out a collection of iOS and Android titles exclusively available to its subscribers. Initial reports indicate customer response was muted, with reportedly less than 1% of its subscriber base downloading its games.
Arnold Schwarzenegger has a new action vehicle, and a new catchphrase to boot. Its frequent recurrence in the Netflix series Fubar might also be read as a form of acknowledgement of the show’s limited scope. The eight-part show marks the first foray into television work for the 75-year-old Schwarzenegger (the second, an autobiographical Netflix docu-series, follows next month, and the network has just appointed him its “chief action officer”).
Widespread password sharing is incompatible with subscription growth in an intensely competitive market
Netflix (NFLX) closed at $358.98 in the latest trading session, marking a -1.61% move from the prior day.
Analysts remain bullish on Netflix's password sharing crackdown.
The leading streaming service is starting to crack down on subscribers sharing their accounts with folks living outside of their households.