Money

Netflix says thanks for subscribing, now pay more

Published

7 months ago

October 20, 2023

ticker NEWS

Netflix, the streaming giant, has defied expectations as it raised subscription fees while continuing to attract more viewers, even amidst industry-wide strikes.

Despite the turmoil caused by strikes within the entertainment industry, Netflix reported a substantial increase in subscribers.

The company, which recently announced a price hike for its monthly plans, saw its user base grow by over 15% in the past quarter.

Analysts were sceptical about Netflix’s ability to retain and attract subscribers amid ongoing strikes by various industry unions.

However, the platform’s vast content library, including original series and films, seems to have provided a buffer against the disruptions caused by labour disputes.

The price increase, which averaged around 10%, did not deter subscribers, showcasing Netflix’s dominance in the streaming space.

Many users have cited the platform’s diverse content and user-friendly interface as reasons for their continued loyalty.

As Netflix marches ahead with its expansion plans and investment in original content, the streaming giant’s ability to weather industry challenges remains unmatched #featured

Money

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending