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Stock impact report

UPDATE 1-Poland plans revenue surcharge on Netflix and others [Reuters]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: Reuters
Poland plans revenue surcharge on Netflix and others WARSAW (Reuters) - Poland plans to introduce a 1.5% surcharge on the revenue of video-on-demand platforms such as Netflix, Finance Minister Tadeusz Koscinski said on Wednesday. “This will not be a tax, this will be a surcharge the culture minister wants to impose on (such) companies that generate profits thanks to Poland,” Koscinski told a teleconference with journalists. According to the ministry of culture, the surcharge, dubbed “Netflix tax” by Polish media, will be paid directly to the Polish Film Institute (PISF), a state cultural agency. Netflix is Poland’s most popular video streaming platform with 5.4 million users last month in the country of 38 million people, according to the spidersweb.pl portal. It’s popularity has been helped by “The Witcher” series based on a Polish set of novels and video games. The series stars British actor Henry Cavill, best known for playing Superman in the “Batman v Superman: Dawn of Justice” mo Show less Read more
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