Netflix blames $600m tax dispute with Brazil for disappointing earnings

The GuardianTuesday, October 21, 2025 at 9:18:45 PM
Netflix blames $600m tax dispute with Brazil for disappointing earnings
Netflix recently reported disappointing earnings, breaking a six-quarter streak of surpassing analysts' expectations. The company attributed this setback to a significant $600 million tax dispute with Brazil, despite seeing growth in its advertising business. This news is important as it highlights the challenges Netflix faces in international markets and the potential impact of regulatory issues on its financial performance.
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