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Netflix started rolling out the first major revamp of its television app in a decade on Thursday, testing changes designed to help viewers more quickly decide what they want to watch. Company ...
Netflix is an American subscription video on-demand over-the-top streaming service. The service primarily distributes original and acquired films and television shows from various genres, and it is available internationally in multiple languages.
This change came in a response to the introduction of Hulu and to Apple's new video-rental services. [56] [57] [page needed] In August 2008, the Netflix database was corrupted and the company was not able to ship DVDs to customers for 3 days, leading the company to move all its data to the Amazon Web Services cloud. [58]
Netflix stock rose as much as 7% following the company's fourth quarter earnings results on Thursday, as subscriber additions came in at 7.66 million, above company guidance for 4.5 million.. If ...
Last month, Netflix said its revenue growth is expected to slow from an expected 15% this year to between 11% and 13% in 2025. Alexandra Canal is a Senior Reporter at Yahoo Finance.