Netflix's (NASDAQ: NFLX) fortunes have quickly reversed. Several entertainment companies entered the streaming industry more aggressively, seeing it as an excellent opportunity. The combination has been bad news for Netflix.
Netflix (NFLX) launches Mystery Box feature for kids profile besides multiple accessibility features for its disabled audiences.
U.S. streaming service Netflix has agreed to settle a tax dispute with Italy, the company and legal sources said on Friday. Milan prosecutors issued a statement saying they had settled with a multinational video on-demand streaming company for a period covering Oct. 2015 to 2019 and asked it to pay 55.8 million euros ($59.1 million). They gave the settlement figure without specifically naming the company involved but three sources with knowledge of the matter confirmed it was Netflix.