Television
Netflix is the clear leader in video streaming—but its growth is slowing. Now the company wants to turn things around. (File photo)
Keystone
Netflix closed out the past quarter with its weakest growth in years. The streaming market leader now plans, among other things, to encourage users to spend more time watching its movies and series.
Today at 04:07
Today at 04:07“We want to be the must-have entertainment service,” said co-CEO Ted Sarandos during a video conference with analysts. “We know we can do better,” agreed his colleague Greg Peters.
Revenue rose 12 percent year-over-year to $12.9 billion (€11.5 billion). This was the lowest growth rate in three years—and was in line with analysts’ expectations. All in all, net…
