Netflix is struggling, and that may be good for America ...Middle East

The Hill - News
Netflix is struggling, and that may be good for America
The streaming behemoth Netflix is suddenly not so fashionable anymore. Once the trendy juggernaut of the culture industry, Netflix now finds itself losing subscribers. Netflix stock has dropped over 60 percent since the start of the year. Shareholders sued Netflix last spring for “misleading statements” about the company’s business operations — and, horror of horrors, Netflix will now offer advertising supported plans, a total retreat from its subscription-based model. Things are so bad that investors celebrated Tuesday’s second quarter financial report showing a loss of “only” 970,000 subscribers — because it was lower than the feared loss of up to 2 million. Netflix has also had t

Hence then, the article about netflix is struggling and that may be good for america was published today ( ) and is available on The Hill ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Netflix is struggling, and that may be good for America )

Apple Storegoogle play

Last updated :

Also on site :



Latest News