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Netflix just released its fourth quarter earnings report, which looks mixed compared to Wall Street expectations. The company added 8.8 million subscribers, well above the 7.6 million that it had predicted at the beginning of the quarter. It also beat estimates for earnings per share — analysts had predicted EPS of 24 cents, but actual EPS came in at 30 cents. However, revenue was a bit lower than expected — $4.19 billion, compared to predictions of $4.21 billion. As of 4:50pm Eastern, Netflix shares were down about 2 percent in after-hours trading. https://techcrunch.com/2019/01/17/netflix-q4-earnings-2/
chain posted a topic in NewsNetflix has been accused of "cowardice" for its decision to remove an episode of a satirical comedy show which was critical of Saudi Arabia, after having been asked to do so by Saudi officials.Human rights activists said Netflix was at risk of "facilitating the Kingdom’s zero-tolerance policy on freedom of expression and assisting the authorities in denying people’s right to freely access information"."Saudi Arabia’s censorship of Netflix using a cyber-crime law comes as no surprise and is further proof of a relentless crackdown on freedom of expression in the Kingdom," said Samah Hadid, Amnesty International’s Middle East campaigns director.Chris Bryant MP, member of the foreign affairs committee,... Joseph Archer & Hannah Boland