Netflix Archives - FINANCIAL BUZZ

Video Streaming Services has Heavily Impacted the Movie Theatre Industry

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The introduction of video streaming services has already begun to impact the movie theatre industry significantly. It’s essential to consider that the situation might have evolved further. Here are some of the major impacts of video streaming services on the movie theatre industry up to that point: Decline in Movie Theatre Attendance: With the convenience …

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Netflix Reports Rapid Subscriber Growth & Positive Earnings Results

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Netflix (NASDAQ: NFLX) stocks skyrocketed over 14% after market close Tuesday, following better than expected earnings results. Additionally, the company disclosed that its subscriber count had grown by 2.41 Million people, more than doubling its forecast for the quarter. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”NFLX” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”NFLX” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” …

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Gulf Arab States Condemn Netflix for ‘Immoral Content’

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Saudi Arabia along with five other Gulf Arab countries have issued a statement asking Netflix (NASDAQ: NFLX) to discard content they say “violates Islamic and societal values and principles,” Saudi media has reported. The United Arab Emirates media watchdog is set to monitor Netflix’s content “from now on” and will be pursuing legal action if …

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Uber Set to Reduce Spending Amid ‘Seismic Shift’

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Uber (NYSE: UBER) is prepared to reduce spending and become a leaner business, focused on the “seismic shift” in investor sentiment, according to CEO Dara Khosrowshahi. The ride-sharing company revealed it will “treat hiring as a privilege,” moving forward. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”UBER” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”UBER” range=”1mo” interval=”1d” axes=”true” cursor=”true” api=”yf” …

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