BBCNEWS Business Briefing July 14, 2024
We start with netflix. Its shares have fallen sharply, down almost 12 in after hours trading after the tv streaming giant released disappointing results. Netflix has shaken up the world of tv with its rapid growth, but that growth seems to be slowing down as it puts up its prices. Lets show you some of the details. In the three months to the end ofjune, netflix had 151. 6 million paid subscribers. Thats a rise of 2. 7 million on this time last year. Almost half the five million the company itself was forecasting. In the us netflix actually lost subscribers for the first time ever. Revenues wer...
Source: archive.org
