World’s most valuable entertainment company looks at $9bn annual income
Jenna Ortega as Wednesday Addams in the hit show. Photo: Netflix
Netflix said a tax dispute with Brazil cut into its third-quarter earnings, marring results that otherwise fell in line with Wall Street estimates.
The world’s most valuable entertainment company posted quarterly operating income of $3.24bn (€2.79bn), according to a statement, about $400m below its own forecast and analysts’ estimates.
