Geoblocked Europe fails to clear hurdle on video streaming legislation

Netflix has just reported another record quarter on the books: the popular streaming service added over 8.3 million new streaming subscribers in the fourth quarter of 2017 alone, posting around $3.29 billion in quarterly revenue and pledging to spend $7.5 billion-$8 billion in 2018 on new content. At Netflix emerges as a content creator and […]

Amazon ordered to repay €250 million to Luxembourg in back taxes

Amazon must repay €250 million to Luxembourg, according to the European Commission, which found that the US company had received illegal tax benefits. (See our analysis here) The Commission, led by competition commissioner Margrethe Vestager, published its conclusion today, stating that Amazon was granted illegal tax benefits from Luxembourg worth €250 million. This is illegal […]