About This Source - DW News
DW News is a global English-language news and information channel from German public international broadcaster Deutsche Welle, established in summer 2015.
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DW News published this video item, entitled “Beyond its prime? Netflix stocks tumble as the company fails to meet targets” – below is their description.
Shares in Netflix have tumbled 12 percent. It’s after the video streaming giant missed its subscriber growth target for the last quarter. Investors ignored the company’s huge leap in revenue after it raised prices last year. Netflix blamed pandemic-related production delays for what it called “a lighter content slate” than usual.DW News YouTube Channel
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In This Story: Netflix
Netflix, Inc. (NASDAQ: NFLX) is an American technology and media services provider and production company headquartered in Los Gatos, California. Netflix was founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California.