Barry McCarthy, who served as CFO at Spotify as well as at Netflix, will take over the CEO position
The nervousness in the IT stocks, analysts believe, is on account of rising employee costs at a time the business growth has been modest year-on-year in the December 2021 quarter (Q3FY22)
The pandemic, which forced people to consume more entertainment online, also exposed India's almost 1.4 billion population to varied geographies and niche genres on an unprecedented scale
Why Netflix failed to crack the Indian market? What is Ranen Banerjee's Budget expectation for MSMEs? Is broader market crash likely to get deeper? What are direct and indirect taxes? All answers here
Five years after its entry, Netflix India stands at an estimated 5 million paying subscribers, against 46 million for Disney+ Hotstar and 19 million for Amazon Prime Video, reveals the Media Partners
Poor subscriber growth reported late Thursday at Netflix Inc sent its shares plunging 21.8%
The selloff which began after Netflix and Peloton posted disappointing quarterly earnings spread to the wider stay-at-home sector
Business Standard bring you the top headlines on Friday
Netflix shares were down 21% in premarket on Friday, following a similar drop in late trade on Thursday.
World's largest streaming service projected it would add 2.5 million customers from January through March, less than half of the 5.9 million analysts had forecast.
South Korean lawmakers have called for the speedy passage of a bill that would oblige overseas content providers, including Netflix, to share the burden of network usage costs.
Over the past six months, South Korea has contributed more popular Netflix programmes than any country other than the US.
Netflix Inc.'s "The Power of the Dog" won best dramatic film and Walt Disney Co.'s "West Side Story" best musical or comedy at a Golden Globes Awards
Writer-director Hwang Dong-hyuk, the brain behind the globally popular South Korean thriller "Squid Game", says he is in talks with Netflix for a possible second and third season of the show.
As of December 2021, Netflix India stood at an estimated 5 million subscribers against 46 million for Disney+Hotstar and 19 million for Amazon Prime Video
A former Netflix executive was sentenced Tuesday to 2 and 1/2 years in federal prison for taking bribes and kickbacks from tech companies to approve lucrative contracts with the streaming giant.
Amazon's cloud division last suffered a major incident in 2017, when an employee accidentally turned off more servers than intended during repairs of a billing system
A major outage disrupted Amazon's cloud services, temporarily knocking out streaming platforms Netflix and Disney+, Robinhood, a wide range of apps and websites
To be more transparent about the viewership of its top series and movies, video-streaming giant Netflix will begin publishing a weekly report detailing its most popular TV shows and movies.
Netflix's Hindi adaptation of 'Call My Agent' is disappointing, but the film industry has frequently been deeply introspective