Connect with us

Business

The message for media in Netflix’s ‘wobbly’ result – Sydney Morning Herald

It’s not just Wall Street that should be rattled by tepid figures from the world’s pre-eminent streaming service.

Published

on

Article feature image

Its the kind of news Bridgertons gossip writer Lady Whistledown might spread across town (if she was an investor): one of the worlds most talked about companies has suffered a nasty fall.
Netflix shares tanked 11 per cent on Wednesday morning (Australian time) in after hours trading as investors digested a weak set of quarterly results and an underwhelming outlook. But its not just Wall Street that should be rattled by tepid figures from the worlds pre-eminent streaming video platform.
Netflix…

Click here to view the original article.

Continue Reading
Advertisement

You might also like ...

Article feature image
Moderna announces deal to supply Australia with 25 million vaccine doses – 9News
Article feature image
Victoria Covid hotspots: list of Melbourne and Vic coronavirus case locations – The Guardian