Reminded of that again this evening when netflix reported itsrt latest qly results. The company has been growing quarter after quarter, addin more subscribers than expected each time, but thats not what the dreaming service undershot its own guidance, blaming price hikes andontentofferings. It doesnt help that the company has been burning through cash to fuel the creation of its own original shows. Not surprisingly, investors were disappointed. They september the stock sharply lower in initial after hours trading tonight. Julia boorstin has more. S reporter netflix sha plummeting on subscriber additions more than 2 million less tha the companyprojected, just 2. 7 million total new subscribers, and in the u. S. Netflix actuallysu lost 130,000 cribers. The company is saying it forecasts more in regions of price increases, blaming the shortfall on the lack of big shows in Second Quarter. Ceo Reed Hastings saying in his letter to shareholdershe expect subscribers in the u. S. To return to
The world ring in the new year. London hosts its traditional fireworks display in front of a crowd of more than 100,000, and big ben welcomed in 2018, despite its restoration work. And in half an hour, and in halfan hour, i and in half an hour, i will be looking back on a momentous year in politics that saw the brexit negotiations getting underway. 0h, yes, and a snap general election. That is review 2017, the year in politics with me, ellie price. Good morning and welcome to bbc news. The chief executive of the british Catering Company compass and four members of his family have been killed in a seaplane crash in australia. Local Police Confirmed that Richard Cousins, who was 58, was on board the plane, which crashed into a river 30 miles north of sydney yesterday. He died with his two sons, edward and william, who were in their 20s, his fiancee emma bowden, and her 11 year old daughter heather. The australian pilot, gareth morgan, was also killed. Earlier today, detective superintend
On Global Recycling. The archbishop of canterbury praises the response of Emergency Services to terror attacks and the Grenfell Tower disaster in his new year message. Also this hour, revellers around the world ring in the new year. London hosts its traditional fireworks display in front of a crowd of more than 100,000, and big ben welcomed in 2018, despite its restoration work. And coming up in half an hour, join us and coming up in half an hour, join us for weather world. We are with the people who can make snow, but not as you know, because knou snow, but not as you know, because knoll of this is real. Plus a look back at the years biggest weather stories and storms. Good morning and welcome to bbc news. The chief executive of the british Catering Company compass and four members of his family have been killed in a seaplane crash in australia. Local Police Confirmed that Richard Cousins, who was 58, was on board the plane, which crashed into a river 30 miles north of sydney yesterda
Ringing in the new year. London hosts its traditional fireworks display in front of a crowd of more than 100,000 as big ben chimes in 2018, despite its restoration work. And in half an hour, we will take a look back at an incredible year in hull, the uk city of culture. From the royal ballet, two world class theatre and the most talked about artists, we will have all the highlights. Good morning and welcome to bbc news. The chief executive of the british catering company, compass and four members of his family have been killed in a seaplane crash in australia. Local Police Confirmed that Richard Cousins, who was 58, was on board the plane which crashed into a river 30 miles north of sydney yesterday. He died with his two sons, edward and william, who were in their 20s, his fiancee, emma bowden, and her 11 year old daughter, heather. The australian pilot, gareth morgan, was also killed. Earlier today, the detective superintendent fulcher you South Wales Police marine command held a news
North Koreas Nuclear weapons are a reality and the button is on his desk. Hello, from sydney. Im haidi lun. We are one hour out from a just first major market. Happy new year. Happy new year to you. It is just past 5 p. M. In new york, still new years day. In this neck hour, we will take a look at how wall street action could play into the very first asiapacific trade date of 2018. Lets get a quick reminder of how u. S. Stocks ended last year. Ended in negative territory with the s p 500 down about half a percent. The dow about the same, losing about 100 points in the last 15, 20 minutes as traders try to close out the position for the year. Year to date through 2017, the s p,the dow, and nasdaq were up about 25 . Russell 2000, the was up about 14 year to date. Green across the board. Absolutely. Looking for fresh drivers as we go into the brandnew year, tax reform getting done. Interesting if trading does get underway in asia. It will be a truncated start because look at the markets t