Digital video company,which revealed expansion into more than 130 countries earlier this year, also faces monthly subscription challenge from AmazonNetflix shares took a nosedive in after-hours trading on Monday afternoon when the company reported negative profits in its international streaming business after announcing a huge expansion into more than 130 countries earlier this year. The digital video firm expects to remain in the red into the moment quarter, and with a subsequent loss of $80m. Continue reading...
Source: theguardian.com