Netflix begins issuing pink slips to employees amid business slowdown
Around 150 employees at Netflix are being laid off as the company seeks to turn around its bad economic fortunes.
Netflix
Netflix ($NFLX) is an international, subscription-based television and movie service based in Los Gatos, California. The company operates a global streaming service with thousands of TV shows and movies, including some originals, as well as a direct-to-home DVD rental service. As of January 2023, the company had over 231 million subscribers worldwide.
Disney could follow Netflix with crackdown on password sharing
The survey suggests Disney may start cracking down on password sharing in an effort to curb freeloaders.
Netflix shares plunge after company reports subscriber losses
Officials at Netflix said the company ended with 200,000 fewer subscribers at the end of its most-recent quarter.
Netflix cost creeps past HBO Max, Prime Video as price increase takes effect
The cost of a basic Netflix subscription will soon exceed that of HBO Max and Amazon Prime.
Netflix tests limited free plan in Kenya
Netflix is allowing Kenyans to download their app on Android phones and stream a limited amount of content for free.
Netflix hit with federal lawsuit over child suicides
A federal lawsuit alleges Netflix ignored warnings that its show “13 Reasons Why” could encourage teenagers to self-harm.
After pandemic peak, consumers stick with streaming
Netflix, Hulu and Amazon Prime Video are the most-used streaming services in 2021, according to a new J.D. Power survey.
Former Netflix executive convicted on bribery, wire fraud charges
A former Netflix executive was convicted on Friday on several criminal charges related to wire fraud and bribery, prosecutors said.
Researchers: Fake Netflix app spreads malware on Android devices
Computer researchers say a fake Netflix app called “FlixOnline” was actually malware designed to hijack WhatsApp accounts on Android devices.
Netflix lands post-theater streaming rights to new Sony films
Netflix has inked a new deal with Sony that will allow the streaming service to offer new theatrical releases from the studio.
