Reed Hastings

US Elections: Clooney Urges Biden to Withdraw – “Joe, I Love You But We Need a New Candidate”

Actor George Clooney, a fervent supporter of the Democrats, wrote an article published in the New York Times urging US President Joe Biden to withdraw from the upcoming November presidential election amidst doubts about his health.

Netflix soars to 230 mln subscribers, co-founder steps down

U.S. streaming giant Netflix ended last year with more than 230 million global subscribers, it said on Jan. 19, beating analysts' expectations as hits such as "Wednesday" and "Harry & Meghan" enticed new viewers.

"2022 was a tough year, with a bumpy start but a brighter finish," the company said in a letter announcing bumper fourth quarter earnings.

Netflix aims to curtail password sharing, considers ads

An unexpectedly sharp drop in subscribers has Netflix considering changes it has long resisted: Minimizing password sharing and creating a low-cost subscription supported by advertising.

Looming changes announced late on April 19 are designed to help Netflix regain momentum lost over the past year.

Netflix to open office in Istanbul

Netflix, an American-based streaming service, in line with their latest investment in Turkey, has announced to open their office in Istanbul, Turkey's prominent metropolitan city.

This step will create a more powerful way for productions in Turkey to be promoted worldwide, according to a statement made by Netflix, which has 195 million subscribers worldwide.

Netflix Available in Bulgaria as Part of Expansion Around the World

Bulgaria is one of the 130 countries to which video streamer Netflix surprisingly announced on Wednesday it is expanding, its newly published list shows.

Netflix co-founder and CEO Reed Hastings is quoted as saying at CES 2016, an international technology event, that the company is now bringing about "a new global TV network".