NETFLIX INC
Urijah Faber reveals that MMA star Nate Diaz once thought he was rich with just $15,000, planned to buy a house and a car: Here’s how much Diaz has made now
In a lighthearted moment, Urijah Faber shared a funny tale about Nate Diaz's financial misunderstanding post-The Ultimate Fighter victory. With a newfound $15,000, Diaz was eager to purchase a home for his mom, only to be hit with a financial reality check while car shopping with a buddy. Though a championship eluded him, Diaz has thrived in the UFC, now boasting a large net worth from multiple ventures.
Netflix India's FY26 net up 6% at Rs 90 crore
Netflix India reported a 6% year-on-year rise in net profit to Rs 90 crore in FY26. Total income increased by 17% to Rs 4,477 crore, primarily through subscriber growth. Expenditure also rose by 17%, impacting profit margins and performance. Meanwhile, Los Gatos Production Services India experienced a decline in net profit, indicating challenges in the content production sector.
Stocks in news: NSE, BSE, SBI, Happiest Minds, MCX, IEX and Minda Corp
The Indian stock market continues its upward momentum, with the Nifty 50 showing a robust rally and hitting significant resistance levels. Major players like NSE and SBI have posted remarkable quarterly results, illustrating their strong profitability and revenue growth. Firms such as Happiest Minds Technologies and the Multi Commodity Exchange of India contributed positively to the market's performance.
Anthropic's filing for blockbuster US IPO shows key executives and board
In a significant step forward, Anthropic has filed for a US initial public offering, with hopes for a mid-November listing. Amid rising interest rate concerns and investor scrutiny over AI sector stock performance, the company is backed by a formidable leadership team. Co-founders Dario and Daniela Amodei lead this endeavor, promising a noteworthy entry into the public market for Anthropic.
Netflix users are watching less, not opening the app as often
Netflix Inc. has seen a decline in user engagement, with customers opening the app less frequently than before. Although total watch time increased due to new subscribers, individual viewing has decreased significantly during this period. The company is facing challenges such as increased competition and fewer hit productions impacting viewer attraction. In response to these issues, Netflix has made leadership changes to strengthen its content strategy and overall business model.
Who is spending the most in 2026 US Senate races? Biggest donors, top candidates, and where's the money coming from
As elections approach, significant outside spending is heavily favoring the Republican Party in Senate races. Notably, Elon Musk has contributed over $365 million to pro-GOP efforts, boosting Republican campaigns. The Texas Senate race has drawn specific attention with increased financial support and advertising spending. Overall spending projections for the current election cycle have surpassed previous records.
- Go To Page 1
Global Market Today: Asian shares, US futures rise on AI-trade revival
The MSCI Asia Pacific Index climbed 0.6% with shares gaining in South Korea and Japan. The Kospi Index rose 1.9%, rebounding after one of the country’s worst IPO debuts on record.
Tech under pressure on AI jitters, dollar slips: Markets wrap
South Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest close since April. MSCI Inc.’s Asia Pacific Index fell 1%, diverging from Monday’s tech-led gains on Wall Street.
Netflix inks deal for men’s FIFA World Cup 2030
Netflix has secured exclusive broadcasting rights for the 2030 FIFA World Cup in Spain and Andorra. This tournament marks the 100th anniversary of the World Cup, featuring Spain as a host nation. The platform will provide full live coverage of all matches, including pregame, halftime, and postgame shows. Viewers can also expect a daily roundup on match days and additional programming leading up to the event.
Paramount rolls out $44 billion bond sale to fund Warner Bros. takeover
Paramount Skydance Corp. has initiated the sale of over $44 billion in bonds to fund its acquisition of Warner Bros. Discovery Inc. Following legal settlements, the company can proceed with the financing, which includes various debt tranches. The bond issuance is expected to be one of the largest corporate high-yield deals recorded. Initial pricing discussions have indicated a yield in the low-9% range for the long-term bonds.
'They laughed us out of the room': In 2000, Netflix founders wanted to sell the company to Blockbuster for $50 million. Today, it is worth hundreds of billions of dollars
In the year 2000, Blockbuster famously spurned a $50 million deal from Netflix, a fledgling company struggling for survival. Fast forward to today, Netflix has evolved into a colossal forces in the entertainment industry, while Blockbuster has nearly faded from the video rental landscape. This tale epitomizes the dangers of resisting technological evolution and serves as a poignant reminder of tremendous business opportunities lost.
David Harbour quote of the day: 'You gotta do things your own way. You have to find your own path. You have to take what appeals to you and leave all the rest.'
Actor David Harbour has clinched his maiden Emmy award for his stellar performance in DTF St. Louis, marking a significant milestone in his career. This award highlights the importance of individuality in professional journeys, showcasing that true success emerges from self-belief and personal authenticity. Harbour's experience serves as an inspiring reminder that pursuing one's dreams often leads to profound fulfillment and aligns with one’s values.
YouTube offers creators millions to not work with Netflix
The payment would come in a couple of different forms. YouTube has discussed directly financing some programs, and it has also offered to allot a portion of major brand deals to creators. Though YouTube hasn’t finalised deals with any creators, it is close an agreement with several partners, said the people, who declined to be identified because the negotiations are sensitive and ongoing.
US probes Netflix’s power over filmmakers in Warner Deal review
The US Justice Department is investigating Netflix's massive acquisition of Warner Bros. Discovery. Regulators are examining if Netflix uses its market power unfairly against content creators. This review is more extensive than usual, suggesting a lengthy process. The investigation could impact rival bids, including Paramount's. Netflix denies any monopolistic behavior and pledges cooperation.
Netflix earnings results announcement time: OTT streaming giant's $120 billion stock market rally faces litmus test on Tuesday
Netflix earnings results will be announced today as NFLX shares are under scrutiny at the US Stock Market.
Netflix sues Broadcom's VMware over US virtual machine patents
Broadcom and Netflix have been embroiled in a separate patent dispute since 2018 over Netflix's alleged infringement of Broadcom patents related to video streaming technology, with cases in California, Germany and the Netherlands. Broadcom's U.S. lawsuit against Netflix is scheduled to go to trial next June.
South Korean broadband firm says it is ending all disputes with Netflix
South Korean Internet service provider SK Broadband said on Monday it is ending all disputes with Netflix Inc, after the firms engaged in lawsuits on whether Netflix must pay for costs from increased network traffic and maintenance work.
Netflix reports mixed earnings as password crackdown set to expand
The company said it shifted a wider launch of a plan to crack down on unsanctioned password sharing into the second quarter to make improvements, delaying some financial benefits, but said it was pleased with results so far.
Netflix restructures film group as it scales back movie output: report
As part of the restructuring, Netflix will combine small and midsize picture productions units, resulting in a few job cuts, and scale back the company's output to ensure high quality titles, the report said. It will also centralize decision making of different divisions.
Netflix making preparations to open Vietnam office
A local office would make Netflix the first major US tech firm with a direct presence in the fast-growing Southeast Asian country of 100 million, increasingly seen as too lucrative to ignore despite wariness over its stringent internet rules.
Netflix targets global TV ad market as next business to disrupt
The company and some analysts see its new, cheaper ad-supported service, detailed in a rosy quarterly report on Tuesday, as a way to lift revenue as customers trim spending amid economic gloom.
Netflix lays off 300 employees in cost-cutting drive
The world's dominant streaming service has come under pressure in recent months as inflation, the war in Ukraine and fierce competition weigh on subscriber growth. After the subscriber drop in the first quarter, Netflix has forecast even deeper losses for the current period.
NBCUniversal, Google top contenders for tie-up with Netflix for ad-supported plan: Wall Street Journal
Google, which already has a relationship with Netflix as a provider of ad-buying tools, could pursue an exclusive deal with the company.
How Netflix’s awful week mars its 20,000% climb in four charts
The streaming-video giant is down 64% this year after a shockingly weak subscriber outlook triggered a 35% drop in Wednesday’s session -- its steepest one-day loss since 2004.
Netflix set to wipe out $46 billion in market value as shares tank 30%
Netflix traded as low as $244.95 at the open in New York, extending its plunge this year to 60% -- making the worst performing stock in the broad S&P 500 and the tech-heavy Nasdaq 100 indexes.
Netflix, Peloton latest among market's pandemic stars to lose shine
Netflix shares fell as much as 23% on Friday, the biggest drop since October 2014, while Peloton shares climbed 17% on the Nasdaq, reversing some of Thursday's tumble.
Apple joins streaming elite, Netflix crosses milestone with Emmy wins
The honors give the streaming services new bragging rights they can use to promote their offerings in the hard-fought battle for audiences who are ditching traditional TV and searching for quality entertainment online.
Anil Ambani’s studio eyes cinema earnings to recoup Covid losses
The decision to wait out the pandemic-led closures underscores the financial clout of the box office in India’s film industry that’s already feeling the cash crunch.
Netflix’s Reed Hastings collects $225 million in stock sale
Hastings has collected enough cash in 2020 to produce all four seasons of “The Crown,” all six seasons of “Peaky Blinders” or the equivalent of about 4.7 million annual Netflix subscriptions.
Load More
