Austin Hargrave
Netflix shares plunge after weak guidance and news that cofounder Reed Hastings will leave the board
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Ben King/Netflix

In short: Netflix has launched Netflix Playground, a dedicated standalone gaming app for children aged eight and under, bundled into existing memberships with no ads or in-app purchases and full offline support, positioning it squarely against Apple Arcade in the family market. Netflix has quietly extended its gaming ambitions into the family market with the launch […]

In short: The Court of Rome has ruled that Netflix’s repeated price increases between 2017 and 2024 violated Italian consumer law and EU Directive 93/13/EEC on unfair contract terms. The ruling voids the relevant contract clauses, orders current prices rolled back to 2015 launch levels, and requires Netflix to notify millions of current and former Italian […]
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