Netflix soars to 230 mln subscribers, co-founder steps down

U.S. streaming giant Netflix ended last year with more than 230 million global subscribers, it said on Jan. 19, beating analysts' expectations as hits such as "Wednesday" and "Harry & Meghan" enticed new viewers.

"2022 was a tough year, with a bumpy start but a brighter finish," the company said in a letter announcing bumper fourth quarter earnings.

Netflix adds disclaimer to ‘The Crown’ after anger over story lines

Netflix has added a disclaimer to its hit series "The Crown" after a former British prime minister and acting royalty accused the streaming giant of confusing truth with fiction in its story lines.

The move came after one episode in the latest series showed the then Prince Charles plotting to oust his mother as monarch.

Netflix to debut subscription with advertisements

Netflix on Oct. 13 said a subscription option subsidized by ads will debut in November across a dozen countries as the streaming service strives to jumpstart stalled growth.

Netflix reported a loss of 970,000 subscribers in the second quarter along with stagnant profits, and its share price is down 63 percent from this time last year despite rising slightly on the ad-tier news.

Netflix suspends ‘The Crown’ filming after death of Queen Elizabeth

Netflix suspended filming of its British royals drama "The Crown" on Sept. 8 following the death of Queen Elizabeth II, the company said.

The acclaimed show is currently filming its sixth season, having charted the late monarch's life through multiple decades over the course of its previous seasons.

Gulf Arab nations ask Netflix to remove ‘offensive’ videos

Gulf Arab countries on Sept. 6 asked Netflix to remove "offensive content" on the streaming service, apparently targeting programs that show people who are gay and lesbian.

A joint statement issued on behalf of a committee of the Gulf Cooperation Council made the request, saying the unspecified programs "contradict Islamic and societal values and principles."