Get the latest tech news

Netflix blames $600m tax dispute with Brazil for disappointing earnings


Results broke firm’s six-quarter streak of posting profit that eclipsed analysts’ projections, despite ads business growth

None

Get the Android app

Or read this on r/technology

Read more on:

Photo of Netflix

Netflix

Photo of Brazil

Brazil

Photo of tax dispute

tax dispute

Related news:

News photo

Netflix goes ‘all in’ on generative AI as entertainment industry remains divided

News photo

Netflix Shares Fall Most Since 2022 as Tax Hit Spooks Investors

News photo

Netflix is adapting Catan into movies and TV shows