Advertisement
UK markets close in 2 hours 16 minutes

  • FTSE 100

    8,066.86
    +26.48 (+0.33%)
     

  • FTSE 250

    19,652.07
    -67.30 (-0.34%)
     

  • AIM

    753.95
    -0.74 (-0.10%)
     

  • GBP/EUR

    1.1666
    +0.0021 (+0.18%)
     

  • GBP/USD

    1.2462
    0.0000 (-0.00%)
     

  • Bitcoin GBP

    50,658.67
    -2,393.85 (-4.51%)
     

  • CMC Crypto 200

    1,350.70
    -31.87 (-2.31%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CRUDE OIL

    82.80
    -0.01 (-0.01%)
     

  • GOLD FUTURES

    2,337.60
    -0.80 (-0.03%)
     

  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     

  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     

  • DAX

    17,901.17
    -187.53 (-1.04%)
     

  • CAC 40

    7,981.55
    -110.31 (-1.36%)
     
Stocks:

Trending tickers

Microsoft, Alphabet, Anglo American, IBM, Astrazeneca, Unilever and Sainsbury's

Reed Hastings Just Dropped a Big Hint About Netflix's Ad Biz

Jeremy Bowman, The Motley Fool
·4-min read
Reed Hastings Just Dropped a Big Hint About Netflix's Ad Biz

After years of resisting the idea of advertising, Netflix (NASDAQ: NFLX) has done an about-face on the strategy. Its ad-based tier, priced at $6.99/month in the U.S., launched in November and is now live in 12 countries. While it's too early to get any data on the performance of the ad-based tier, and the company has said it doesn't expect that offering to be material in the fourth quarter, Netflix co-CEO Reed Hastings made some comments at the New York Times DealBook conference that should stoke investor confidence in the ad business.

Continue reading