•   
  •   
  •   

Money Netflix subscriber addition beats expectations in fourth quarter

23:25  21 january  2020
23:25  21 january  2020 Source:   reuters.com

Streaming companies like Netflix will have to fund Canadian content: CRTC chair

  Streaming companies like Netflix will have to fund Canadian content: CRTC chair OTTAWA — Canada's broadcast and telecom regulator says it's inevitable that foreign media companies streaming content into Canada, including Netflix and Amazon, will have to make an "equitable" contribution to the production of Canadian content. But the chairman of the Canadian Radio-television and Telecommunications Commission says it's not as simple as making those companies pay what has often been referred to as a "Netflix tax." Ian ScottBut the chairman of the Canadian Radio-television and Telecommunications Commission says it's not as simple as making those companies pay what has often been referred to as a "Netflix tax.

Netflix produced more profit than expected in addition to the subscriber beat , though revenue came up just a bit shy of analysts’ expectations . Netflix ’s operating margin decreased to 5.2% in the fourth quarter from 7.5% the year before “due to so many titles launching in the quarter.”

For the quarter at hand, Netflix is expected to report EPS of

Thunder blow out Rockets in Westbrook's return to OKC

  Thunder blow out Rockets in Westbrook's return to OKC OKLAHOMA CITY (AP) The Oklahoma City Thunder spoiled Russell Westbrook's return. Westbrook scored 34 points, but the Thunder beat the Houston Rockets 113-92 on Thursday night. Westbrook was a league MVP and two-time scoring champ for the Thunder before being traded to the Rockets last summer for Chris Paul and draft picks. Westbrook was the last remaining player from the team that began playing in Oklahoma City in 2008 after leaving Seattle. TheWestbrook scored 34 points, but the Thunder beat the Houston Rockets 113-92 on Thursday night.

Fourth - quarter earnings are out for Netflix . Netflix Subscribers Surge on Global Growth - Продолжительность: 2:31 Wall Street Journal 2 102 просмотра.

Netflix shares will thrive as the streaming giant builds on its original content and its international expansion, according to one Wall Street firm. GBH Insights reiterated its "highly attractive" rating for Netflix shares, predicting better-than- expected subscriber additions during its fourth quarter .

.24, down from

Texans-KC set NFL playoff record with 52 points in 1st half

  Texans-KC set NFL playoff record with 52 points in 1st half KANSAS CITY, Mo. — The Texans and Chiefs set a post-season record for combined points in the first half on Sunday when the Chiefs rallied from a 24-0 first-quarter deficit to take a 28-24 lead into the locker room. The 52 points eclipsed the 49 set by the New Orleans Saints and Arizona Cardinals in the divisional round on Jan. 16, 2010. It fell just short of 56 points for any half, set by the Cardinals and Green Bay Packers in the wild-card round a week earlier.The Texans missed a chance to make it 28-27 when Ka'imi Fairbairn missed a 51-yard field-goal attempt on the final play of the half.

Netflix on Tuesday reported quarterly earnings that topped analysts' expectations as its The company had 4.04 million net subscriber additions outside of the United States, easily beating Fourth - quarter domestic net subscriber growth of 1.56 million came in slightly below estimates.

Netflix reeled in 8.3 million new streaming subscribers — including almost 2 million in the U.S. — handily beating Wall Street estimates for the fourth quarter of 2017. The record quarterly subscriber additions pushed shares of the company up more than 9% in after-hours trading.

.41 in the prior-year period, on revenue of .21 billion, according This is typically Netflix ’s largest quarter for subscriber additions and it has forecasted that it will add 9.4 million subscribers in the fourth quarter —1.8

FILE PHOTO: The Netflix logo is shown in this illustration photograph in Encinitas, California © Reuters/Mike Blake FILE PHOTO: The Netflix logo is shown in this illustration photograph in Encinitas, California

(Reuters) - Netflix Inc added more paid subscribers than expected in the fourth quarter, boosted by the launch of Oscar contender "The Irishman" and returning series "The Crown".

The streaming giant said on Tuesday it added 8.76 million paid subscribers globally compared with analysts' average estimate of 7.63 million, according to IBES data from Refinitiv.

Related video: The confusing costs of cord cutting [Provided by Money Talks News] 

Shares of the streaming giant were up nearly 2% in trading after the bell.

Shaw says wireless revenue up in Q1 but phone and video revenues down

  Shaw says wireless revenue up in Q1 but phone and video revenues down Shaw says wireless revenue up in Q1 but phone and video revenues down"The pricing environment was extremely aggressive, as it has been since the incumbents' launch of the unlimited plans last summer," said CEO Brad Shaw on an earnings call.

Netflix reported user growth that exceeded Wall Street expectations , underscoring a recovery for the online streamer following a rare miss in new user additions last quarter .

Data source: Netflix . What happened with Netflix this quarter ? Management expected to land 1.2 million net new U.S. subscribers in the second quarter and 5.0 million new members overseas. Over the previous four reports, Netflix exceeded its global subscriber additions targets by 5.9 million.

(Reporting by Neha Malara in Bengaluru and Helen Coster in New York; Editing by Arun Koyyur)

Are you on LinkedIn? Follow Microsoft News Canada and keep up with the latest industry news, career, jobs and tech updates. Connect with us now!


Netflix's "Drive to Survive" Formula 1 Show Returns February 28 .
Lawyer Diana Isaac explains how anyone going through a divorce can get a better handle on their finances.

—   Share news in the SOC. Networks

Topical videos:

usr: 0
This is interesting!