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Netflix shares fall after analyst warns subscriber numbers could slide, Wall St treads water

The Australian share market has opened higher despite the lack of a clear lead from overseas markets, with European markets lower for a second day and a choppy session on Wall Street.

Netflix' Sarandos says 'The Irishman' has been viewed by 26.4 million households in first week of streaming

Martin Scorsese's "The Irishman" was viewed by 26.4 million households in its first week on Netflix's NFLX, -3.10% streaming platform, Content Head Ted Sarandos told a UBS conference on Tuesday. The film, which stars Robert DeNiro and Al Pacino, is expected to be viewed by 40 million households in its first 28 days, Sarandos said, according to the Hollywood Reporter. Netflix is famously reticent about viewing numbers, but it did disclose last year that the Sandra Bullock vehicle "Bird Box" drew an audience of 45 million viewers in its first seven days. Netflix shares were down 3%, but have gained about 10% in 2019, while the S&P 500 SPX, -0.11% has gained 25%.

Paul McCartney's adventure novel for kids is becoming a Netflix movie

Sponsored Links AP Photo/Lefteris Pitarakis

Paul McCartney is about to have much more of a presence on Netflix than the occasional documentary or Beatles homage. Netflix and Gaumont are producing an animated movie based on McCartney's children's adventure novel High in the Clouds, which was also written by Philip Ardagh and Geoff Dunbar. The book follows the tale of a teenage squirrel who lands in a group of rebels after he inadvertently makes enemies with a tyrannical owl.

Netflix says 26.4 million accounts watched ‘The Irishman’ in its first week

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Netflix had a lot riding on The Irishman -- the Martin Scorsese crime saga starring Robert De Niro, Al Pacino and Joe Pesci. The film has been in the works for almost a decade, and Netflix, which reportedly invested as much as $200 million, has been involved for years. So, the company is understandably braggadocious that, in The Irishman's first seven days on the platform, it was watched by 26.4 million accounts globally -- 26,404,081 to be precise.

Peru plans taxing Netflix, Uber and digital businesses: official

FILE PHOTO: The Netflix logo is shown in this illustration photograph in Encinitas, California October 14, 2014. REUTERS/Mike Blake

LIMA (Reuters) - Peru wants foreign digital companies such as Netflix Inc, Uber Technologies Inc and Spotify Technology SA to pay taxes on sales they make in the Andean country, the head of the local tax collection agency told Reuters on Tuesday.

Netflix reveals viewing figures for The Irishman

 

By Press Association 2019

Netflix Might Have the Golden Globe Nominations But Here’s Why Disney Plus is Still Better

Since Disney Plus joined the ranks of big-name streaming services on Nov. 12, 2019, people have been debating which service is better—Disney Plus or Netflix? There are a plethora of movies and television shows to stream on both, so why is Disney Plus the winner? Let’s take a look at the three main reasons fans could careless that Netflix is sweeping the Golden Globe nominations.

Netflix Got People All Kinds Of Confused About New Project After Posting Pic Of Shirtless Man

6 hours ago

Netflix Ordered to Stop Poaching Fox Employees

A court on Tuesday issued an injunction barring Netflix from poaching employees from Fox and confirming the validity of fixed-term employment agreements.

Netflix is testing a new ‘Watch Now’ feature that makes it more like regular TV

Netflix has such a massive base of viewers at this point, spread across so many corners of the globe, that any improvement in the company’s streaming service — no matter how small — can end up having an outsized effect.

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