EU Eyes Big Tech as It Seeks Feedback on Who Should Pay Network Costs

The European Commission on Thursday launched a consultation on the future of Europe’s telecoms sector, starting a process that could lead to requiring Alphabet’s Google, Apple, Meta Platform and Netflix to pay some network costs. The move by the EU executive followed more than two decades of lobbying by Deutsche Telekom, Orange, Telefonica, Telecom Italia […]

Power of TikTok and TV Shows over the Music Industry

The impact of social media platforms on the music industry has been a topic of much discussion over the past two years. While this is true, television shows and movies continue to be the main distribution channels for the music industry, with platforms like TikTok helping users (75 percent) discover new music and artists. Television […]

The Current State of the Netflix Net Worth

In California, Netflix was created in 1997 by Reed Hastings and Marc Randolph. In what seems like a relic of the past, Netflix first started as a service offering DVDs sent to your home via mailbox. You watch the movie or show you ordered, then mail it back. In 2007, Netflix switched to streaming, a […]

Rising Netflix Competitors: Can the Throne be Saved?

The renowned streaming platform, Netflix, has been undeniably successful in the past decade, conquering the market in a landslide. However, times are changing, and Netflix competitors are on a rapid rise. Gaining the title of king is one thing, but keeping it is a whole other game. What should Netflix do to remain a leader […]

Netflix Lays Off 300 Employees in Cost-Cutting Drive

Netflix Inc said it laid off 300 employees, or about 4 percent of its workforce, in the second round of job cuts aimed at lowering costs after the streaming giant lost subscribers for the first time in more than a decade. The move mostly affected its U.S. workforce and came after the company cut 150 […]