Close

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

October 7, 2016 9:19 AM EDT

(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