Why Netflix Investors Should Care About Its Chappelle Controversy

netflix, sarandos, employees, company, planned,
Middle East

Why Netflix Investors Should Care About Its Chappelle Controversy

Netflix co-CEO Ted Sarandos struck a note of contrition while speaking to journalists after the company released its third-quarter results on the eve of a planned walkout Wednesday by at least 1,000 workers in the wake of one of the biggest controversies the company has faced.

The streaming platform came under fire earlier this month for airing comedian Dave Chappelle’s latest special, The Closer. The show, which landed on the streaming site Oct. 5 and contains offensive jokes concerning transgender people in particular, has drawn the ire of LGBTQ activists as well as Netflix’s own employees.

What happened at Netflix

Goldman Sachs says now’s the time to buy these 7 stocks

Tech stocks could get hit by rising rates but Goldman says these names in the sector are safe

Qatar Fund for Development signs agreement with vaccine alliance Gavi

Tuesday Sector Leaders: Oil & Gas Exploration & Production, Metals & Mining Stocks