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Netflix is taking steps to shore up both sides of the equation. It’s promising new initiatives on password sharing and advertising-based streaming that could bring more subscribers into the fray....
Netflix co-CEO Reed Hastings says linear television will go the way of the dinosaur within the next decade. “It’s definitely the end of linear TV over the next five to 10 years,” Hastings said...
Netflix is adding an advertising tier and cracking down on password sharing to reinvigorate growth. The company previously projected a loss of 2 million subscribers for the period. Netflix remains...
The cuts represent about 3% of total employees. Netflix had warned investors in April that it would be pulling back on some of its spending growth over the next two years. The cuts come about a...
Netflix announced 150 employee layoffs on Tuesday nearly one month after reporting its first paid subscriber losses in more than a decade. "These changes are primarily driven by business needs...
Netflix is laying off approximately 150 employees across the company. The layoffs represent 2 percent of the streamer’s total workforce. Most of the cuts are happening in the U.S., according to an...
About 150 positions out of the streamer’s 11,000 workforce are being eliminated. They are largely based in the U.S., a number of them in the executive ranks. “These changes are primarily driven by...
A slower-growing Netflix would be more profitable, analysts say, but that doesn't guarantee it will be more valuable. The video-streaming giant has been one of Wall Street’s epic growth stocks,...
Netflix announced 8.3 million new paid subscribers, against expectations of 8.5 million. The warning for the first quarter is that there will be a drop-off. The company also announced a series of...
