To be working, because hit shows like witcher helped it retain its current customers while new Pricing Options on offer, including a less expensive streaming plan with adverts helped it to gain new ones. Many shareholders are excited about this new advert supported model. The Streaming Giant has said it was a priority for the company to win over advertisers. Netflix plans to roll out more new products in the months ahead. Next year, members, for example, who love to binge might get served an advert that says something like, the next episode is commercial free made possible by such and such a brand. Netflix also raised the price of its basic and Premium Options in the us, the uk and france, counting on committed viewers who hate adverts. Still, the quarter hasnt been without its challenges like the ongoing actors strike here in america. Netflix said it spent less on content this year as a result of the walk out. Jeremy goldman is from Insider Intelligence in new york. He told the bbc th
Streaming in. Netflix signs up 9 million streaming in. Netflix signs up 9 million new subscribers as a crackdown on Password Sharing pays off. And passengers get a peek at the fastest train in southeast asia, we take a ride on indonesias new High Speed Railway, funded by china. Hello and welcome to World Business report, i am hello and welcome to World Business report, iam lukwesa barack, and we are going to start in the United States where netflix shares have been searching after the streaming giant said that it had signed up almost 9 million new subscribers in the three months to september. That is way more than expected and the best quarterlyjump since the early days of the pandemic, when we were all stuck at home. So what exactly is going on . It is mostly down to a crackdown on people sharing those passwords, and netflix is now putting up prices in several of its markets. Lets discuss this further with Michelle Fleury who joins us from new york. It is always lovely to see you. So
Path and what it could mean for the people of houston, the home of the biggest refineries in this country power lunch starts right now welcome to power lunch. Im courtney reagan, as tyler mentioned retail flying high but stocks trading in the narrow range. Fed chair yellen and top central bankers meeting in jackson hole. Well head there live. Hormel foods missing earnings estimates and cutting its outlook. J. M. Smuker tanking on its earnings miss. Thanks koscourtney the president taking another swing at Republican Leaders on twitter, including paul ryan for failing to get things done how does paul ryan feel about the president ial jabs. Ylan is getting ready for her one on one with the House Speaker. Reporter paul ryan keeps trying to talk taxes but the president has other ideas in those tweets he was blaming both paul ryan and Mitch Mcconnell for making a mess of this debt ceiling fight. Paul ryan just wrapped an employee town hall here today at boeing, speaking with employees as wel
Pick cures of sirens coming up to the plane. Police, fire, and bomb squads and this was a security concern according to dia. We reached out to the fbi and they say there may have been a suspicious device on board. They came on and did a full securityysweep. They transferred the passengers out because of the possibl put the passengers off and cleared the plane. They went back to their final destination of san diego. Nothing was found on board. No major concerns. I checked on united website. All planes are running on time or early this morning. I reached out to united to get more details but have not heerd gruenauer, denver7 news. Late last night there was an investigation of a motorcycle accident where someone was seriously hurt. The road is back open now. Rain and hail in weld county near ker si. Did you get storms where you live . Share your pictures on our facebook page. You may want your camera ready this we are expecting more storms. Lisa is tracking when they will hit and where. T
Right now right now police are investigating an overnight shooting. Team 12s jen wahl is working this top story from near 35th avenue and checking your hot headlines now. Tempe police are looking into an attempted Armed Robbery at a hotel near robbery at a hotel near arizona mills. They say the suspect tried robbing the residence inn near priest and baseline but didnt get away with anything. There a 16yearold boy is being charged as an adult. After hes accused of assaulting a female classmate inside an elevator at the east Valley Institute of technology. The assault happened five days ago. According to the Police Report the victim said she gave the boy a hug. And thats when he began to grope her and try to have sex with her. Despite her saying stop. The boy admitted to touching her and said he felt bad but also that he didnt feel he had raped her. A statement from the school says the boy is no longer a student there. Trouble for allegedly bringing guns on campus. The first incident hap