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Netflix ends House of Cards amid sex claim against Kevin Spacey

2017-10-31 02:15:08| BBC News | Business | UK Edition

The video streaming company said it was "deeply troubled" by actor Anthony Rapp's abuse allegation.

Tags: house sex cards claim

 

Netflix looks to raise USD 1.6 bln for new content, acquisitions

2017-10-24 08:59:00| Telecompaper Headlines

(Telecompaper) Netflix said it has priced an offering of USD 1.6 billion worth of senior notes. The 4.875 percent senior notes will be due 2028. Netflix said it will put the money raised towards general corporate purposes, including content acquisitions, production and development, capital expenditures, investments, working capital and potential acquisitions and strategic transactions.

Tags: new content usd raise

 
 

Netflix to raise another $1.6bn to finance new films and shows

2017-10-23 23:40:32| BBC News | Business | UK Edition

The streaming service expects to spend up to $8bn next year on new content.

Tags: shows finance films raise

 

Netflix adds 5.3 million subscribers in Q3, sales up 30%

2017-10-17 08:27:00| Telecompaper Headlines

(Telecompaper) Netflix added a net 5.30 million new streaming subscribers in the third quarter, including 4.45 million outside the US. This gives the company a total 109.2 million customers, of which around half (56.5 million) at its international operations. Netflix's sales rose 30 percent to USD 2.98 billion in the quarter, giving an ARPU up 7.2 percent to USD 9.85. 

Tags: up sales million adds

 

Netflix raises prices for first time in two years

2017-10-05 21:44:42| BBC News | Business | UK Edition

The 1 or $2 a month increases for a premium subscription are the first for two years.

Tags: time two years prices

 

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