BREAKING MOVIE/TV NEWS

Sunday, December 01, 2024

Netflix Hits New High

 

Stock shares in Netflix, Inc. recently closed at an unprecedented high of $886.81 (usd) suddenly making the value of all other studio streaming services look like chopped liver:


“… founded by Marc Randolph and Wilmot Reed Hastings Jr. in 1997, ‘Netflix, Inc’, a streaming entertainment service company provides subscription service streaming movies and television episodes over the Internet and sending DVDs by mail. 


“It operates through the following segments: Domestic Streaming, International Streaming and Domestic DVD. The Domestic Streaming segment derives revenues from monthly membership fees for services consisting of streaming content to its members in the United States. 


“The International Streaming segment includes fees from members outside the United States. 


“The Domestic DVD segment covers revenues from services consisting of DVD-by-mail.“


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