Reviews for the new Netflix series Harry & Meghan, by Prince Harry and Meghan, the Duchess of Sussex, have been withering in the British press. This is not surprising, given that the couple spends much of the first three episodes attacking Britain’s notorious tabloid media for invading their privacy and some coverage that traded in […]
Tag: netflix
Netflix is on the ropes. This week will determine its future
Netflix, once a darling of Wall Street, is suddenly on the ropes. The streaming giant will report its second-quarter earnings on Tuesday, and it’s shaping up to be one of the most consequential moments in the 25-year history of the company. Netflix is having a terrible year. In April, the company reported that it had […]
Own stocks? Netflix’s collapse is a warning sign
Shares of Netflix (NFLX) are imploding after the company reported its first quarterly loss of subscribers in more than a decade, far underperforming expectations and worrying investors that had been betting that a handful of big tech companies would continue to grow at a rapid clip. What’s happening: Netflix’s stock dropped 30% when the market […]
For the 1st time in 10 years, Netflix has lost viewers, stock tanks, says password sharing is to blame
Netflix has lost 200,000 U.S. subscribers in the first quarter of 2022, marking its first drop in customers in more than a decade, the company announced Tuesday. It attributed the losses to factors such as stronger competition, the Ukraine-Russia conflict and password sharing. In a letter to shareholders, the entertainment company said it relied on […]