Netflix reports earnings after the bell — here's what to expect

  • 📰 CNBC
  • ⏱ Reading Time:
  • 35 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Netflix reports first-quarter earnings after the bell on Tuesday, as investors await updates about its new ad-supported tier and password-sharing crackdown.

Results for the country's new ad-supported tier will be top of mind. Last November, Netflix

its cheaper tier with commercials, which costs $6.99 a month. The ad-supported tier came shortly after it lost subscribers as streaming competition ramped up.the company is likely to offer multiple ad-supported tiers in the future. Another focus for Wall Street will be Netflix's crackdown on password sharing. Late last year, the company saidrolling out measures to have people who have been borrowing other accounts create their own.

The company has said more than 100 million households share accounts, or about 43% of its global user base. That has affected its ability to invest in new content, Netflix has said. Both the ad-supported option and crackdown on password sharing

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fox News and Dominion trial delayed until Tuesday: What to know | CNN BusinessA trial in a defamation suit brought against Fox News by Dominion Voting Systems is set to begin this week. It could have significant ramifications for the right-wing cable channel. So you have time to comment on Hunter Laptop. Also Anthony Weiners laptop. Also manifesto of Trans shooter of Christian children /adults. Also why Bidan never went to East Palestine. Also Tara Reade. Also 9/11. Also OK City bombing. Great! Thanks! 🤔 What the heck does dominos have to do with Fox News?
Source: CNN - 🏆 4. / 95 Read more »