Netflix and YouTube reduce streaming quality in Europe

Madonna is set to release a Netflix documentary featuring extensive footage from her troubled Madame X tour, according to new reports.

Imagine working for a company where you don't have to apply for holiday time or seek prior approval for expenses. Imagine giving feedback to your boss – in public! Imagine being trusted to make major decisions without clearance from line managers. The flipside? If you perform anything less than excellently, you lose your job. Freedom and "talent density" are the two key ingredients of Netflix's corporate culture. The formula has driven the company from a humble DVD rental service 20 years ago to one of the world’s most successful entertainment corporations.

Shares in Netflix plunged by almost nine percent in after-hours trading on Wall Street on Tuesday, after the streaming giant announced a major slowdown in subscriber growth. Netflix added just four million new customers in the first three months of 2021, compared to 16 million in the same period last year. The company is hoping that new seasons of hit shows like "Sex Education" will help boost growth later this year. Also today, we hear how French employers are struggling to recruit seasonal workers for this summer.

U.S. streaming service Netflix has bought two Cameroonian films, including a drama about a young Cameroonian girl determined to go to school.

Netflix shares drop after slowdown in subscriber growth

The deal, which was announced on June 21, is likely to solidify Netflix as the top streaming service in the market.

Netflix has seen its number of subscribers drop in North America, as the streaming giant faces increased competition from rival platforms. While the company's global subscriptions rose between April and June, they fell in the United States and Canada. Netflix says it still expects to see growth in the coming months, as more new shows will be released. The company is the largest player in streaming worldwide, but the market has become increasingly crowded, particularly in the US.

Netflix is set to edit its new original series, Squid Games after a South Korean woman complained of getting phone calls and texts from fans of the show. Some of them believe it was intentionally included in the Netflix series. However, producers have made it extremely clear that's not what happened.⁣⁣ ⁣⁣

The South Korean drama 'Squid Game' is the most successful original Netflix series to date, and has helped boost the streaming giant's subscriber numbers. The company added 4.4 million paying customers between July and September, according to its latest financial results. The platform is also expecting a further influx of viewers as it releases new episodes and films later this year. Meanwhile, we see another boost to the price of Bitcoin from the launch of a Wall Street fund.

Dozens of Netflix employees joined protests outside the company's Los Angeles office. Counterprotesters soon showed up to pushback against the rally.

Angry protesters gather outside Netflix in Los Angeles, over a new Dave Chappelle comedy special that has sparked accusations the comedian is trampling transgender rights and profiting from hate speech. A few dozen staff walked off the job and were joined by a similar number of trans activists and their supporters for a demonstration calling for better representation at the Hollywood streaming giant.

A Netflix-funded anime academy in Tokyo trains the next generation of cartoon artists as global demand for the genre soars. Japan is facing a shortage of skilled animators, in part because most face years toiling in low-paying jobs to learn the ropes, meaning much of the painstaking frame-by-frame drawing work is outsourced overseas.