TagEddie murphy

Can Plunking Down $70 Million on This Aging Comedian Save Netflix?

eddie murphy

Netflix shocked investors earlier this week when it reported a 126,000 decrease in domestic subscriptions, disappointing analysts who expected an increase of 350,000. While Netflix offered all sorts of lame excuses for the decline, it's impossible to deny that its recent price increases and increasing competition are having an impact on its business. To that end, Netflix has been trying to stuff...

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