Netflix, Mike Tyson and Jake Paul
Netflix's earnings report sent its stock surging — and made it a bit more clear how sports content impacts the company's present and future.
The streaming giant hosted its record-breaking boxing match between Jake Paul and Mike Tyson, and its first ever NFL games, in the quarter.
Executives at Netflix cited live events like the Jake Paul-Mike Tyson fight and the Christmas Day NFL games it showed as reasons its fourth-quarter content "outperformed even our high expectations."
Netflix added nearly 19 million subscribers during the holiday-season quarter to help propel its earnings beyond analysts’ projections, signaling that the video streaming service’s expansion into live programming is paying off.
Netflix subscribers will see a noticeable jump in their monthly subscription fees, as the streaming company revels in new viewership. In a letter to shareholders on Tuesday, the company announced it increased prices across most plans in the U.S., Canada, Portugal and Argentina.
Netflix’s shares surged to a new high in after-hours trading following the fourth quarter earnings report that blew out market expectations. View on euronews
Netflix's Q4 earnings beat estimates, adding 18.91 million members and achieving record operating margins, signaling strong profitability and
Netflix reaffirmed its dominance of the streaming video market on Tuesday, as its mixture of live sporting events, popular returning series - and
Ring announcer Big Mo experienced the bright lights of Jake Paul vs Mike Tyson but could now take up some training himself. Paul and Tyson met in an historic boxing fight at the AT&T Stadium
EXCLUSIVE: EverWonder Studio, the company that produced Netflix’s Jake Paul vs. Mike Tyson fight, is making some big-name hires. The business, which was founded by former Time exec Ian Orefice and backed by Jeff Zucker’s RedBird IMI,
Conor McGregor has agreed to an exhibition boxing match with Logan Paul, but fans want to know if he will fight Jake Paul as well. What we know.