It’s the latest spate of layoffs in a long cost-cutting campaign that spanned Bob Iger’s entire second stint as CEO.
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Netflix’s share of US television viewership fell from 8.8% in July 2025 to 7.8% in July this year, according to Nielsen’s The Gauge.
Over the weekend, “Digger” earned an abysmal $8 million across 3,300 screens with a budget that reportedly ran close to $180 million.
The company’s stock has received two recent analysts downgrades, after both flagged increased competition from YouTube.
Apple’s returning to a familiar playbook in the AI age: leveraging a massive consumer reach to become Silicon Valley’s top rent collector.
One analyst says investors disenchanted with Netflix have lost the plot (in much the same way as the final season of Stranger Things).
Pershing took on six new holdings in the second quarter including Netflix, Mastercard and Visa, eye care firm Alcon, and S&P Global.
For YouTube, the partnership is the latest and greatest attempt to trounce Netflix as both seek to become all-in-one entertainment platforms.
With its share price down some 20% so far this year and off more than 40% from a peak last summer, Netflix is hoping for a turnaround story.
The US men’s national soccer team’s World Cup performance is likely to have significant impact on broadcasters and high-flying investors.
The domestic box office has pulled in nearly $4.5 billion so far this year, the highest mark for the period since 2019, according to Rentrak.
Folding The Roku Channel into Fox would create a media conglomerate capable of competing for eyeballs, and ad dollars, with the best of them.
A first-quarter earnings beat last week was overshadowed by weak second-quarter guidance that suggested growing subscriber churn.
Saudi Arabia’s Public Investment Fund, the Qatar Investment Authority, and Abu Dhabi’s L’imad Holding Co are all aboard, per the WSJ.
If, at first, Discovery, AT&T, AOL, Time and others fail? Well, David Ellison is going to go ahead and give Warner Brothers a try anyway.