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Dutch Authority Fines Netflix $4.95 Million for Alleged GDPR Violations
PYMNTS.com· 2024-12-18 20:16
The Dutch Data Protection Authority (Dutch DPA) fined Netflix 4.75 million euros (about $4.95 million), saying that between 2018 and 2020, the company did not give its customers enough information about what it does with their personal data.The regulator said Netflix violated the General Data Protection Regulation (GDPR) by not making the information in its privacy statement clear enough and by providing insufficient information to consumers who asked the company about the data it collects about them, accor ...
Netflix's Path To $1,100 Gets A Boost With Rising Paid Members
Seeking Alpha· 2024-12-18 16:52
I recently joined The REIT Forum and if you are looking for more investment ideas like this one, get them exclusively at The REIT Forum with access to our subscriber only portfolios.Amrita runs a boutique family office fund in beautiful Vancouver, where she leads the investment strategy for the family fund. The fund's objective is to invest capital in sustainable, growth-driven companies that maximize shareholder equity by meeting their growth-oriented goals. In addition, she also started her own award-winn ...
Dutch authorities fine Netflix 4.75 mn euros over personal data use
Techxplore· 2024-12-18 15:20
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Netflix said it was appealing against the decision. Dutch authorities fined video streaming giant Netflix 4.75 million euros ($4.98 million) Wednesday over its handling of subscribers' personal data, which it said was unclear or incomplete in several respects. Netflix said it had appealed against the fine, noting it had cooper ...
Netflix Stock: What's In Store For 2025?
Forbes· 2024-12-18 10:00
Netflix logo displayed on a phone screen is seen in this illustration photo taken in Poland on ... [+] December 15, 2024. (Photo by Jakub Porzycki/NurPhoto via Getty Images)NurPhoto via Getty Images Netflix stock has had a solid year, rising by almost 90% year-to-date, trading at about $920 per share currently. This compares to rival Disney, which has gained about 26% over the same period. Growth has been driven by Netflix’s crackdown on password sharing and the expansion of its advertising-supported stream ...
Netflix (NFLX) Rises Yet Lags Behind Market: Some Facts Worth Knowing
ZACKS· 2024-12-16 23:51
In the latest market close, Netflix (NFLX) reached $921.08, with a +0.24% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.38%. Meanwhile, the Dow lost 0.25%, and the Nasdaq, a tech-heavy index, added 1.24%.The the stock of internet video service has risen by 11.52% in the past month, leading the Consumer Discretionary sector's gain of 4.56% and the S&P 500's gain of 1.17%.Market participants will be closely following the financial results of Netflix in i ...
Netflix price target raised by analysts on live events growth potential
Proactiveinvestors NA· 2024-12-16 17:30
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Netflix Stock Receives Big Price Target Raise on Live Events
Investopedia· 2024-12-16 17:05
Key TakeawaysOppenheimer boosted Netflix's price target, pointing to the benefits of the biggest streaming service's live events.The analysts raised the price target to $1,065 from $825, the highest of all analysts who cover the stock tracked by Visible Alpha.Oppenheimer said Netflix "remains the only investable mainstream media stock." Netflix's (NFLX) price target received a big boost from Oppenheimer on high demand for the biggest streaming service's live events. Oppenheimer analysts led by Jason Helfste ...
Netflix's Unyielding Dominance: How This Streaming Giant Continues to Outpace Competitors
The Motley Fool· 2024-12-14 00:00
Our Purpose: To make the world smarter, happier, and richer. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, personal finance education, top-rated podcasts, and non-profit The Motley Fool Foundation. ...
Netflix CEO Says Paul-Tyson Fight 'Really Phenomenal,' Strong Demand For NFL Game Advertising
Benzinga· 2024-12-13 21:16
Streaming giant Netflix Inc NFLX recently streamed a live boxing event featuring a match between Jake Paul and Mike Tyson which led to difficulties for consumers trying to watch the fight.The company's co-CEO Ted Sarandos highlighted the success of the fight and what's ahead for live sports events in a recent interview.What Happened: Netflix saw unprecedented demand for the Nov. 15 boxing match between Paul and Tyson with 109 million people watching the fight globally, according to Sarandos."We were pushing ...
Netflix to Announce Fourth Quarter 2024 Financial Results
Prnewswire· 2024-12-13 17:00
LOS GATOS, Calif., Dec. 13, 2024 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) today announced it will post its fourth quarter 2024 financial results and business outlook on its investor relations website at http://ir.netflix.net on Tuesday, January 21, 2025, at approximately 1:00 p.m. Pacific Time. A live video interview with co-CEOs Ted Sarandos and Greg Peters, Chief Financial Officer Spence Neumann and VP, Finance/IR & Corporate Development Spencer Wang will begin at 1:45 p.m. Pacific Time. Management wi ...