Streaming company announces plans to increase prices as profits rise, even as Hollywood strikes threaten to affect programming
Netflix announced its global crackdown on password sharing was working and unveiled plans to increase prices as it announced its latest quarterly results on Wednesday.
The streaming media company added 8.8 million new subscribers over the last three months, far better than expected and up from 2.4 million in the same quarter last year. The increase came even as a strike by Hollywood actors and writers threatened to affect the rollout of new shows.
About Author
More Stories
Canadian company in negotiations with Trump to mine seabed
UK needs to relax AI laws or risk transatlantic ties, thinktank warns
Australian house prices hit new peak as rate cut drives buyer demand