TV streaming site Netflix has hit a $ $39m market cap as it continues to attract huge numbers of subscribers, adding more than 8 million in total, according to company figures. The company said its free cash flow will be between negative $3 billion and negative $4 billion, compared to negative $2 billion this year. Stranger Things 2 enjoyed success in 2017 with shows such as Netflix and The Crown, and said it will spend $39m on content during 2018 . The company revealed a $39m non-cash charge in Q4 for abandoned projects, and also unveiled former Canal+ CEO Rodolphe Belmer as the latest addition to its board.
TV streaming site Netflix has hit a $ $39m market cap as it continues to attract huge numbers of subscribers, adding more than 8 million in total, according to company figures. Stranger Things 2 enjoyed success in 2017 with shows such as Netflix and The Crown, and said it will spend $39m on content during 2018 . The company revealed a $39m non-cash charge in Q4 for abandoned projects, and also unveiled former Canal+ CEO Rodolphe Belmer as the latest addition to its board.