Jul 8, 2017

My 6 Big Things: Chelsea Handler shares her quirks, life hacks

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Sharing streaming passwords is more than a joke for Wall Street

Photo: Omar Marques/SOPA Images/LightRocket via Getty Images

Netflix may have gone viral with a humorous tweet about password sharing this week, but Wall Street sees the practice as a drag on the company and its rivals to the tune of billions of dollars in revenue each year.

Why it matters: With competition growing and the cost of content continuing to increase, some streaming companies are likely to consider cracking down on the widespread practice.

Go deeperArrowJan 10, 2020

Netflix releases revenue and subscription data by region for first time

Photo: Thomas Trutschel/Photothek via Getty Images

In a regulatory filing on Monday, Netflix released revenue and subscription data that showed the service has grown fastest in regions outside of the U.S. and Canada from 2017 to 2019.

Why it matters: This is the first time Netflix has disclosed subscriber numbers for specific regions. Netflix's streaming business in North America is still growing, but the platform — like other consumer media companies — is increasingly looking to other regions to continue its growth when business inevitably slows down at home.

Go deeperArrowDec 16, 2019

Soccer stars score big with Instagram

Data: Hookit; Chart: Danielle Alberti/Axios

Portuguese soccer star Cristiano Ronaldo is the highest paid athlete on Instagram, according to a study by analytics company HooperHQ, raking in more than twice what he earns from his contract with Juventus.

The big picture: The power of social media not only highlights soccer’s global reach, but also provides top athletes with another revenue stream in a sport where a single injury can end a career. In 2019, 49 sponsored Instagram posts earned Ronaldo $47.8 million, about $14.7 million more than he's paid by Juventus.

Go deeperArrowDec 26, 2019