The Walt Disney Company will begin a second wave of layoffs this Monday, April 24. With this, it seeks to eliminate up to 7,000 jobs to help save US$5.5 billion in costsreported Reuters according to sources familiar with the process. The company is expected to cut “several thousand” jobs in layoffs that will begin Monday, […]
Tag: netflix
Netflix shuts down its DVD service after 25 years and 5.2 billion discs sold
Netflix announced this Tuesday, April 18, the closure of its service for the sale of movies and series in DVD format at home after 25 years of operation and 5,200 million records sold. “After 25 years of incredible trajectory, we have decided to close DVD.com at the end of this year. (…) We want to […]
US adults will spend more time watching online video than TV by 2023
For the first time, in 2023 adults Americans will spend more time watching video on the internet than on what is known as traditional television, thanks in part to platforms like Youtube, Netflix and TikTokaccording to a study published this Wednesday by Insider Intelligence. “People are spending more and more time watching video on their […]
Resurgence of theaters in the US can benefit Netflix, according to association of theater owners
The advance of Netflix sowed for years doubts about the future of the big screen, but the giant of the streamingwhich is registering a progressive loss of subscribers, could benefit from the increasing return of moviegoers to the seats, according to John Fithian, head of the association that groups cinemas in USA. “The doors of […]
Netflix shares fall 30% at the beginning of this Wednesday: sinking 60% in 2022
The papers of the American streaming company Netflix They recorded a 30% drop at the opening of the New York Stock Exchange at the beginning of the day on Wednesday, and were located in the line of US $ 244.95 per share. As reported by the international portal Bloomberg, Netflix has lost US $ 46,000 […]
Netflix will charge S / 7.90 more for each user who does not reside in the home of the account holder
Netflix reported this Wednesday that they will charge an extra fee of S / 7.90 to their clients residing in Peru for each user who does not live in the home of the account holder. Chegyi Long, director of product innovation at Netflix, noted that “over the next few weeks” they will run this test […]
Uniqlo owner stays in Russia as Netflix and AMEX break ties
Updated on 03/07/2022 08:08 am Uniqlo owner Fast Retailing will keep its stores open in Russia, joining a small group of international firms that have remained in the country even as dozens of big brands have halted operations or left because of Ukraine’s invasion. “Clothing is a necessity of life. The people of Russia have […]
Netflix and delivery services enter the basket to measure inflation
The National Institute of Statistics and Informatics (INEI) detailed that the base year of the Consumer’s price index (IPC). It is worth emphasizing that the current base year for measuring the evolution of prices dates back to 2009, and this must be modified —according to international standards— every five years. In this sense, INEI informed […]
INEI: Netflix, Spotify and delivery services will enter the basket to measure inflation
The National Institute of Statistics and Informatics (INEI) He explained that the base year of the Consumer Price Index (CPI) will be updated to 2022. According to INEI, after the National Survey of Family Budgets, and its respective analysis of the database, weighting of products, determination of brands and characteristics most demanded by families, as […]
Investors dump favorite stocks during the pandemic and point to normal
Netflix, the market star during the lockdowns, slumped on Friday adding to a broad decline this week in the market value of other stock favorites during the lockdown. pandemic, as investors eyed a possible return to normal as more countries gradually ease restrictions over the COVID-19. The sell-off, which began after Netflix and Peloton reported […]