Tag Archives: Netflix chief says ‘The Crown’ will look a bargain after streaming explosion

Hastings’ comments at the RTS television industry conference in Cambridge jolted investors already worried about the growing competition and sent the streaming heavyweight’s stock down six percent, adding to a recent sell-off. Disney and others will vie for subscribers and likely drive up production costs. Costing a reported 100 million pounds ($125 million) to make, “The Crown” won critical acclaim …

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