Latest Netflix Inc News

Chastain and Redmayne on teaming up for 'The Good Nurse'

Sep. 13, 2022 18:40 PM EDT

TORONTO (AP) — Jessica Chastain and Eddie Redmayne’s careers were, perhaps, always on a collision course. Their similar red-haired, fair-skinned appearances have long been compared. At the 2017 Golden Globes when they presented together, host Jimmy Fallon introduced them by rapping “Chastain...

For 1st month ever, streamers rule broadcast, cable networks

Aug. 18, 2022 17:16 PM EDT

NEW YORK (AP) — This summer has been a breakthrough for streaming, with the time viewers spent watching services like Netflix and Hulu outpacing broadcast and cable television networks in July for the first month ever. Viewers spent 35% of their time with streamers, 34% on cable...

Disney+ ad-free subscription cost to rise by 38% in December

Aug. 10, 2022 18:32 PM EDT

Walt Disney Co. said Wednesday it is raising prices for streaming subscribers in the U.S. who want to watch Disney+ without ads, as more viewers switch to what CEO Bob Chapek described as the “best value in streaming.” The price increases are tied to a new tiered service Disney...

Omnicom, Netflix rise; Baker Hughes, Toll Brothers fall

Jul. 20, 2022 16:50 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Wednesday: Netflix Inc., up $14.81 to $216.44. The streaming video pioneer reported fewer lost subscribers than analysts expected. Baker Hughes Co., down $2.33 to $25.89. ...

Netflix Q2 subscriber loss widens, but not as much as feared

Jul. 19, 2022 19:17 PM EDT

SAN FRANCISCO (AP) — Netflix shed almost 1 million subscribers during the spring amid tougher competition and soaring inflation that’s squeezing household budgets, heightening the urgency behind the video streaming service’s effort to launch a cheaper option with commercial interruptions. ...

Netflix to rely on Microsoft for its ad-backed video service

Jul. 13, 2022 17:58 PM EDT

SAN FRANCISCO (AP) — Netflix has picked Microsoft to help deliver the commercials in a cheaper version of its video streaming service expected to launch later this year with a pledge to minimize the intrusions into personal privacy that often accompany digital ads. The alliance...

Wall Street expects inflation squeeze on 2Q earnings

Jul. 07, 2022 10:01 AM EDT

NEW YORK (AP) — Inflation tightened its grip on businesses and consumers during the second quarter and investors expect to see a dent in the latest round of corporate earnings. Wall Street already had expected relatively muted earnings growth in 2022 following a sharp recovery in...