From Mumbai to Rio, Netflix dominates cultural conversation
Platform has gained many subscribers for producing pop culture moments SAMAA | AFP - Posted: Apr 23, 2021 | Last Updated: 6 hours ago SAMAA | AFP Posted: Apr 23, 2021 | Last Updated: 6 hours ago
Photo Courtesy: Netflix
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Netflix has a massive global subscriber base and has proven its ability to create pop culture moments â Tiger King was a breakout pandemic hit â but is this the year it becomes an Oscars powerhouse, with several films in contention?
Or does that even matter, as the company churns out worldwide hit shows, focusing on emerging markets and telling stories that embrace diverse viewpoints?
From Mumbai to Rio, Netflix dominates cultural conversation wionews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wionews.com Daily Mail and Mail on Sunday newspapers.
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Netflix Tanks 10% After Subscriber Growth Slows Down
WASHINGTON (dpa-AFX) - Shares of Netflix Inc. (NFLX) tanked 10% in extended trading session on Tuesday after the online-video streaming giant s first-quarter subscriber additions fell short of expectations.
Netflix added 3.98 million subscribers globally in the quarter, far below its forecast of 6.00 million, to end the quarter with 207.64 million subscribers. The company added 0.45 million customers in the U.S. and Canada region during the quarter, while EMEA region subscriber additions were 1.81 million, LATAM were 0.36 million and APAC were 1.36 million. We believe paid membership growth slowed due to the big Covid-19 pull forward in 2020 and a lighter content slate in the first half of this year, due to Covid-19 production delays. We continue to anticipate a strong second half with the return of new seasons of some of our biggest hits and an exciting film lineup, Netflix said in a letter to investors.