Streaming giant Netflix made massive headlines this week when the company revealed in a quarterly earnings report that they lost 200,000 subscribers and their stock subsequently plummeted (apparently the company lost 700,000 subscribers when they cut off service to Russia, but obviously made up some of that number in new subscribers).
Additionally, after indicating last month they weren’t going to change their model, in the wake of this stock crash, the streaming service announced they’ll be introducing a lower-cost subscriber option that will be ad-supported.
Read more on theplaylist.net
Get the latest stars news and celebrity rumours with exclusive stories, photos, videos and interviews.
Breaking up, scandals, engagements, divorces, gossip – all you need to know about the private lives of your favorite celebs.
Get to know the latest showbiz news along with exclusive interviews and even more. All this is waiting for you on the main page 24 hours a day, 7 days a week! Who, where, when, with whom, how, why and for what!? Stay tuned to know first!
Just follow us daily and we will provide you with the current news from the life of famous stars and celebrities.
Owner: SNOWLAND s.r.o.
Registration certificate 06691200
Address:
Snowland s.r.o.
16200, Na okraji 381/41, Veleslavín, 162 00 Praha 6
Czech Republic
©2024. All rights reserved.