👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada

EntertainmentNews

Netflix soars to 230million subscribers, co-founder quits

Netflix announced on Thursday that it ended 2017 with more than 230 million global subscribers, exceeding analysts’ expectations as hits like “Wednesday” and “Harry & Meghan” attracted new viewers.Information Guide Nigeria

In a letter announcing record fourth-quarter profits, the company stated, “2022 was a difficult year, with a rough start but a brighter finish.”


👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada

Netflix also announced that co-founder Reed Hastings would step down as CEO, bringing to a close a 25-year tenure that saw the company evolve from a DVD-by-mail rental service into an entertainment behemoth.

Other Top BBTitans News:

Hastings delegated control of Netflix to his two longtime associates, Chief Operating Officer Greg Peters and Ted Sarandos, who had already been appointed co-CEO. Peters and Sarandos have been Netflix’s public face in Hollywood.JAMB portal

“It feels like yesterday was our IPO; we were covered in red envelopes,” Hastings said during an earnings call.

So This Happened (193) reviews Adeleke’s inauguration as Osun governor, 14-day paternity leave|Punch
“Hopefully, some of you have held the stock for all 21 years.”

Early in 2002, Netflix went public with an opening share price of $15 per share.

Following the release of the earnings figures, shares of the streaming television service rose nearly 7 percent to $337.31 in after-market trading.

Hastings pointed out in a blog post that the Netflix board has been discussing succession planning for many years, joking “even founders must evolve!”

He stated that he would assume the new position of executive chairman, noting that this is a position frequently held by the founders of tech giants such as Amazon’s Jeff Bezos and Microsoft’s Bill Gates.NYSC portal

👉 Relocate to Canada Today!

Live, Study and Work in Canada. No Payment is Required! Hurry Now click here to Apply >> Immigrate to Canada

The change of guard was announced as Netflix reported subscriber gains that exceeded even the most optimistic forecasts.

In three months, the streaming giant attracted 7.7 million new members, bringing the total number of Netflix subscribers worldwide to 230 million.

Netflix praised a successful slate of new content that included horror-themed comedy “Wednesday,” saying the “Addams Family” spinoff was the company’s third most popular series ever.

Royal tell-all documentary “Harry & Meghan” also scored, Netflix said, as well as “Glass Onion: A Knives Out Mystery” starring Daniel Craig.

“This is in stark contrast to the first half of the year. Creating the next biggest blockbuster drives subscribers,” said tech and media analyst Paolo Pescatore.JAMB Result

Check JAMB Result 

Check and Confirm: How much is Dollar to Naira

 

 

 

📢 We are hiring writers!

Article Writing Jobs - We are hiring good freelance writers - Click here to apply

Copyright Warning!

Contents on this website may not be republished, reproduced, or redistributed either in whole or in part without due permission or acknowledgment. . Proper acknowledgment includes, but not limited to (a) LINK BACK TO THE ARTICLE in the case of re-publication on online media, (b) Proper referencing in the case of usage in research, magazine, brochure, or academic purposes,. . All contents are protected by the Digital Millennium Copyright Act 1996 (DMCA). . . The images, except where otherwise indicated, are taken directly from the web, if some images were inserted by mistake violating the copyright, please contact the administrator for immediate removal.
. We publish all content with good intentions. If you own this content & believe your copyright was violated or infringed, please contact us  for immediate removal.

Emediong Silver

Emediong Ekpe is a graduate of English. A professional Sports journalist/analyst, and a spoken word artist. He is passionate about decimating information and putting smiles on people's faces via news writing. Whatapp: 08088735884

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

It looks like you're using an ad blocker!

This website InfoGuideNigeria.com is maintained by the advertising revenue and we noticed you have ad-blocking enabled. Please disable Ad-Blocker