Netflix Enters S&P 500, New York Times Leaves It

The New York Times' parent company has been demoted from the S&P 500, the defining U.S. large-cap stock index, while online video player Netflix ascended to take its place. As entrepreneur Dewayne Hendricks said on Twitter, it's a "sign of the times."

S&P MidCap 400 constituents F5 Networks Inc., Netflix Inc. and Newfield Exploration Co. will switch places with S&P 500 constituents The New York Times Co., Office Depot Inc. and Eastman Kodak Co.

Read the full story at Bloomberg.

Presented by

Why Principals Matter

Nadia Lopez didn't think anybody cared about her middle school. Then Humans of New York told her story to the Internet—and everything changed.

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register with Disqus.

Please note that The Atlantic's account system is separate from our commenting system. To log in or register with The Atlantic, use the Sign In button at the top of every page.

blog comments powered by Disqus

Video

A History of Contraception

In the 16th century, men used linen condoms laced shut with ribbons.

Video

'A Music That Has No End'

In Spain, a flamenco guitarist hustles to make a modest living.

Video

What Fifty Shades Left Out

A straightforward guide to BDSM

More in Technology

Just In