On Sunday, the NBA released a statement that it did not allow the Cleveland Cavaliers guard to play for the Philippines in the Asiad.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSAfter winning title, time for LA Tenorio to give back to Batangas folkSPORTSTim Cone still willing to coach Gilas but admits decision won’t be ‘simple yes or no’The possibility of Clarkson playing for the Philippine team came up in August 2015 when the Cleveland Cavaliers guard even joined Gilas Pilipinas in practice before the team flew to Taiwan for the 2015 William Jones Cup.Three years later, it remains to be just an idea as the Samahang Basketbol ng Pilipinas tried but have come up short in tapping the services of Clarkson for several times after either failing to meet the requirements set by Fiba or get clearance from the NBA. View comments Don’t miss out on the latest news and information. Filipino-American Jordan Clarkson reaffirmed his commitment to represent the Philippines after failing to get the green light to wear the country’s colors in the 2018 Asian Games in Jakarta, Indonesia.In a Facebook post on Monday, Clarkson vowed to show his support for the Philippine team and stressed his intentions to suit up for the national team in the future.ADVERTISEMENT MOST READ Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ ‘High crimes and misdemeanors’: Trump impeachment trial begins Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Gov’t in no rush to rescue animals in Taal Nadine Lustre’s phone stolen in Brazil Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Clarkson was part of the final 12-man lineup but is expected to be replaced by TNT swingman Don Trollano, who joined the national team’s flight to Indonesia Monday night.Sports Related Videospowered by AdSparcRead Next LATEST STORIES In fight vs corruption, Duterte now points to Ayala, MVP companies as ‘big fish’ Koepka holds off Woods to win PGA Championship DepEd’s Taal challenge: 30K students displaced Palace OKs total deployment ban on Kuwait OFWs Peza offers relief to ecozone firms
Community Relations Manager Dave Conway confirms the company has posted a Request for Qualifications on the BC Bids website.“So, what we’re doing is looking for four qualified contractors, who have the ability to respond to the fully-detailed RFP (Request for Proposal) that we would issue in the Summer of 2014, once we have the qualified contractors, and then, they would work on responding to that RFP, and we would hope to award the contract in the Summer of 2015,” Conway admits the project still needs approval and certification before any actual work can begin.- Advertisement -The next step in the process is a final report by a Joint Review Panel, expected later this month or in early June.
Citation: Netflix lifted by ‘beautiful’ quarterly report (2018, January 23) retrieved 18 July 2019 from https://phys.org/news/2018-01-netflix-beautiful-quarterly.html Netflix has been on a tear with original programs such including “The Crown” and “Stranger Things.”Netflix shares hit a record high during the trading day, with a leap after the earnings release lifting the California-based company’s overall value above $100 billion for the first time.In its fourth quarter report, Netflix said it added 8.3 million new subscribers to bring its total paid membership base to 110.6 million.Net profit in the quarter surged to $186 million from $67 million a year earlier as the leader in streaming video saw growth ramp up in many parts of the world. Revenue for the quarter rose 33 percent to $3.3 billion.”We had a beautiful Q4, completing a great year as internet TV expands globally,” said a Netflix letter to shareholders with the quarterly report.”In 2017, we grew streaming revenue 36 percent to over $11 billion, added 24 million new memberships (compared to 19 million in 2016), achieved for the first time a full-year positive international contribution profit and more than doubled global operating income.”As it has shifted more to original content, Netflix has been winning awards for its shows and has helped shake up both the television and film industries with its deep pockets.By delivering online, Netflix is available in some 200 markets worldwide, with the goal of being a global TV network, and now produces programs in several languages.Netflix said it expects to spend between $7.5 billion and $8 billion on content for 2018.”We believe our big investments in content are paying off,” the statement said.”In 2017, average streaming hours per membership grew by nine percent year-over-year.”During an “interview” style earnings call—a change of pace for Netflix—chief executive Reed Hastings and other executives were heavily questioned about how spending on shows weighs on profit.”We are choosing a business strategy that essentially has us take all of our domestic profit and put it into international expansion,” Hastings said.”We think that is the right move, but it definitely takes a strong stomach on the part of investors.”He noted that Netflix is “very comfortable” with its current subscription price as well as its tactic of putting global expansion over short-term profit.”Our content is getting better; our service is getting better,” Hastings said.”Of course, the larger we get the harder it is to grow, and the more time that goes by the better our competitors get.” © 2018 AFP Netflix shares jump as subscriptions top 100 million Netflix shares raced higher in after-hours trade Monday as the streaming television giant reported better-than-expected gains in its global subscriber base and a quarterly profit that nearly tripled from a year ago. Netflix reported strong gains in profits and subscribers in what it called a “beautiful” fourth quarter Explore further This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.