UPDATE: Netflix's (NFLX) Reed Hastings Says China is Not Looking Good

October 7, 2016 9:19 AM EDT

Get the Pulse of the Market with StreetInsider.com's Pulse Picks. Get your Free Trial here.

(Updated - October 7, 2016 9:24 AM EDT)

Netflix (NASDAQ: NFLX) CEO Reed Hastings, at a conference in New York, said the likelihood of entering the Chinese market "is not looking good," according to a Bloomberg headline.

Theater chains are strangling the movie business, Hastings added. He went on to say "We're focused on the rest of the world."

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In

Related Categories

Corporate News, Guidance, Hot Corp. News, Management Comments, Trader Talk

Add Your Comment