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Transcripts For BBCNEWS Business Briefing 20240714

We start with netflix. Its shares have fallen sharply, down almost 12 in after hours trading after the tv streaming giant released disappointing results. Netflix has shaken up the world of tv with its rapid growth, but that growth seems to be slowing down as it puts up its prices. Lets show you some of the details. In the three months to the end ofjune, netflix had 151. 6 million paid subscribers. Thats a rise of 2. 7 million on this time last year. Almost half the five million the company itself was forecasting. In the us netflix actually lost subscribers for the first time ever. Revenues were just over 4. 9 billion dollars, up 26 on this time last year, but again slightly less than wall street was expecting. The compa nys market position is under threat like never before. Next year it will lose the rights to its two most popular shows, the office and friends, as owners nbc and warnermedia launch their own streaming services. Disney and apple are also launching rival services. That me

AI Transforms Workplace Efficiency and Creativity, Says Angela Lawrence, GM of Hay Communications

This week we've been looking into how AI is revolutionising local workplaces. Angela Lawrence, General Manager.

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