Online streaming providers are required to give 5% of their income to the Canadian broadcasting system.
Tags: Netflix
Netflix Q2 Earnings Call Imminent — What Is Expected of Streaming Service?
Netflix is expected to report its second-quarter earnings on July 18, with everyone on Wall Street paying close attention to any of the details or information the streaming service would provide about its advertising-supported business model.
Netflix's Password Sharing Crackdown Backfires With Slow Subscriber Growth in Q2
Netflix reported its slowest subscriber growth in five quarters, adding only 4.82 million new subscribers from April to June, down from 9.3 million in the previous quarter, largely due to a crackdown on password sharing.
Netflix Begins to Phase Out Cheapest Ad-Free Plan
Netflix is pushing through with its plan to phase out its $11.99 ad-free tier for its existing subscribers later in July.
Netflix to Open 2 Massive Entertainment Venues That Will Offer Events, Shops Themed to Its Famous Shows
Netflix is set to open two enormous entertainment venues in the United States next year. Netflix is set to open two enormous entertainment venues in the United States next year, promising viewers an immersive experience based on their favorite shows.
Latest News
Netflix reports 40 million monthly users of its ad-supported service, with the ads chief stating that the firm is creating its own platform for ad solutions.
Disney is taking action against password sharing on its streaming platforms to boost profits, with plans for a global rollout by September, which aligns with Netflix's strategy that has led to increased subscribers.
Netflix's decision to cease reporting quarterly subscriber numbers heralds a shift in focus towards financial metrics like revenue and free cash flow, indicating its evolution beyond the "streaming wars."
The increase in subscribers has boosted Netflix's total count to 269.6 million, surpassing Wall Street's expected figure of 264.2 million by a significant margin.
As streaming prices surge, Hollywood urges Congress to reintroduce failed anti-piracy law amid rising concerns about video piracy, proposing ISP site-blocking measures similar to SOPA despite past free speech objections and widespread protests.
Adam Sandler is Hollywood's highest-paid actor of 2023, beating other stars like Margot Robbie, Tom Cruise, and Ryan Gosling.
Netflix is on its next significant evolution, and here are some of the most essential brains working on it.
Netflix, Spotify, and other digital media providers face scrutiny over their tax exemption as the World Trade Organization debates the fate of the e-commerce moratorium during its Abu Dhabi meeting.
Netflix co-founder and executive chairman Reed Hastings has recently donated two million shares of his holdings in the streaming giant.
