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Netflix faces fresh trouble from new lawsuit
TheStreet91d agobearish
Netflix faces fresh trouble from new lawsuit

Netflix has built some of its biggest streaming conversations around stories audiences thought they already knew. That has made documentaries and docuseries especially valuable for the company. They can turn old scandals, celebrity careers, and pop-culture moments into new viewing events years ...

Texas Lawsuit Puts Netflix Data Practices And Ad Growth Under Scrutiny
Simply Wall St.130d agobearish
Texas Lawsuit Puts Netflix Data Practices And Ad Growth Under Scrutiny

Texas Attorney General Ken Paxton has filed a lawsuit against Netflix (NasdaqGS:NFLX). The suit accuses Netflix of illegally collecting data on children and designing its platform to be addictive. Allegations include misrepresenting data practices, unlawful surveillance of users, and prioritizing behavioral data monetization. The case seeks penalties, state-level restrictions, and a permanent injunction on certain user data practices. For investors watching Netflix as a large subscription...