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Netflix is ??down 12 billion (Topic)

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Netflix is ??down 12 billion

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Netflix, which owns the streaming service of the same name, fell immediately by $ 12 billion after the resignation of the head of the communications department, Jonathan Friedland. This was reported by the publication Deadline.

In just one day, shares fell 6.5 percent at once, and this was the most rapid fall in value since 2016. It is worth noting that some Wall Street experts believe that the correlation between the events associated with the departure of Friedland and the fall in shares is not certain and, perhaps, such a significant decrease in the company's value is due to other reasons.

that Friedland, who had held his post for many years, was fired after it became known that at one of the conferences devoted to the words forbidden for PR campaigns, he used the term " nigga, "and then uttered the word again in conversation with black activists who were" eager to help him overcome this crisis. " Hastings in a message to employees. “When I think about it, I realize that already during the first incident, I should have done more to use it as a study guide on how painful and ugly this word is.”

Recall, Netflix showcases popular shows like 13 Reasons Why, House of Cards, and more.

The second incident confirmed a deep misunderstanding and convinced me to let go of Jonathan, '' Netflix chief Reed Hastings wrote in a message to employees. “When I think about it, I realize that already during the first incident, I should have done more to use it as a study guide on how painful and ugly this word is.”

Recall, that Netflix showcases popular shows like 13 Reasons Why, House of Cards, and more.

The second incident confirmed a deep misunderstanding and convinced me to let go of Jonathan, '' Netflix chief Reed Hastings wrote in a message to employees. “When I think about it, I realize that already during the first incident, I should have done more to use it as a study guide on how painful and ugly this word is.”

Recall, Netflix showcases popular shows like 13 Reasons Why, House of Cards, and more.

The Topic of Article: Netflix is ??down 12 billion.
Author: Jake Pinkman


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