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Transcripts For BBCNEWS Asia Business Report 20240706

reporting that it added million subscribers in the first three months of this year. that sounds like good news, doesn t it? last year the company lost subscribers the final six months. but, wall street was expecting it to have added 3 million subscribers. last year netflix reported not one, but two quarters where it lost customers. it was the first time the company has reported a loss in subscribers in ten years. these latest results show a gain in subscribers. that is good. but, it is actually much less then what investors were expecting. netflix have come up with a plan to try and crack down on password sharing. it was meant to roll out in this first quarter, but the company decided to hold back until the second quarter of the year. and to try to make up for lost subscribers last year, netflix created an ad funded streaming service which was cheaper, but subscribers would need to sit through adverts. if the company thought it left its woes in 2022, it seems that this earnin

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Transcripts for BBCNEWS Asia Business Report 20240604 23:40:00

Flying recently will tell you that there is far fewer spare seats on a flight. part of this is because we are seeing airline, aircraft that were out of the commission during the pandemic, a tighter aircraft capacity that meaning seats are at a premium, fewerflights then driving up profit margins. as a result the united states are likely to see profits going forward from april this year, similar remarks were made by delta and american airlines over the last couple of weeks. here in terms of this region we are seeing is well increased costs. higherthe are seeing is well increased costs. higher the online search providerforflight sing cost provider for flight sing cost between providerforflight sing cost between australia and london are more than 50% before the pandemic question is are they here to stay. that is what many of us are watching for.- of us are watching for. thank ou so of us are watching for. thank you so much of us are watching for. thank you so much for of us are watchin

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