Telegraph

7x24 real-time news feed, auto refreshBeijing Time：

All A·Important B·Normal #Netflix ✕
B
[Netflix was rejected for $500 million to package Xbox game IP] October 29th, following the superhero comic IP, games may become a new blue ocean pursued by Hollywood studios. At least Netflix, the streaming giant, has made big moves to achieve "big results." According to reports, Netflix’s former chief content officer Bela Bajaria proposed a bold plan to Microsoft’s Xbox: to obtain a seven-year exclusive film and television adaptation license for a batch of the latter’s game IP for US$500 million. Xbox CEO Asha Sharma and the business team did not accept it and raised the price to $800 million. The two sides immediately broke down.
#Netflix#Xbox#Microsoft#U.S. stock trends#Culture media#game#Game industry headlines#Film and television10-29 14:55
B
On October 22, Citigroup lowered its target price on Netflix from $100 to $85.
#Netflix#U.S. stock trends10-22 17:33
B
On October 20, Dan Lin, chairman of Netflix’s film division, announced his resignation.
#Netflix#Culture media10-20 01:13
B
October 19th: Dan Lin, head of Netflix’s film division, was fired this weekend.
#Netflix#U.S. stock trends10-19 23:22
B
On October 15th, Pershing Square stated that Netflix’s profits are likely to grow by 25% annually.
#Netflix#U.S. stock trends10-15 22:23
B
On October 14th, Netflix reportedly planned to lay off about 6% of its employees.
#Netflix#U.S. stock trends10-14 21:08
B
[Netflix’s sales in South Korea exceeded 1 trillion won for the first time, with more than 80% going to the U.S. headquarters] On October 14, members of the Science, Technology, Information, Broadcasting and Communications Committee of the National Assembly of Korea analyzed the audit report of Netflix’s Korean subsidiary Netflix Services Korea and released the results on October 14. The results showed that Netflix’s sales in South Korea last year were 1.0542 trillion won, exceeding 1 trillion won for the first time. However, 853.9 billion won was paid to the U.S. headquarters in the form of subscription membership fees, accounting for 81% of total sales. The operating profit of the Korean legal entity was 20.3 billion won, with an operating profit margin of only 1.9%.
#Netflix#EA#Film and television#U.S. stock trends10-14 15:44
B
On October 13th, Huber Research Partners lowered Netflix's rating to "underweight" with a target price of $70.
#Netflix#EA#U.S. stock trends10-13 21:19
B
On September 18, Netflix’s stock price fell by more than 6% after Wells Fargo downgraded its rating from “hold and wait” to “underweight.”
#Netflix#U.S. stock trends09-18 21:34