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Why a Strong U.S. Dollar Is Bad News for Netflix

Streaming giant Netflix (NASDAQ: NFLX) lost fewer subscribers than expected in the second quarter. One thing Netflix has little control over, though, is the strength of the U.S. dollar. Netflix sells its services in over 190 countries, generating revenue in local currencies but reporting results in dollars. Read More...

Streaming giant Netflix (NASDAQ: NFLX) lost fewer subscribers than expected in the second quarter. One thing Netflix has little control over, though, is the strength of the U.S. dollar. Netflix sells its services in over 190 countries, generating revenue in local currencies but reporting results in dollars.

Read More