Netflix Inc

William Shatner attends the William Shatner handprint ceremony hosted by Legion M during 2022 Comic-Con International: San Diego at Theatre Box on July 21, 2022 in San Diego, California.Emma Mcintyre | Getty ImagesWhen Paul Scanlan and Jeff Annison first dreamed up their production studio, Legion M, they set out to build not just a company, but a community.The movie studio behind buzzy names like "Jay and Silent Bob Reboot," "Colossal" and the upcoming William Shatner documentary "You Can Call Me Bill" is part of a shift…

Shari Redstone, president of National Amusements, speaks at the WSJ Tech Live conference in Laguna Beach, California, on Oct. 21, 2019.Mike Blake | ReutersParamount Global nonexecutive chair and controlling shareholder Shari Redstone has been talking to potential buyers interested in acquiring her media company — or parts of it for years — but the seriousness of those discussions has heightened in recent months.There are sector-related reasons for why a deal seems increasingly urgent. The media world is changing rapidly.…

Byron Allen, founder, chairman and CEO of the Allen Media Group, speaks during the Milken Institute Global Conference in Beverly Hills, California, on May 2, 2022.Patrick T. Fallon | AFP | Getty ImagesByron Allen, the media mogul offering $14 billion for Paramount Global, told CNBC on Wednesday that he has the money to finance a deal, despite skepticism around his deal-making."We have more than enough capital available to us. The real challenge is certainty of close," Allen said."This deal lives or dies at the ," he…

Bebe Wood, Renee Rapp and Avantika Vandanapu star as The Plastics in the 2024 adaptation of "Mean Girls."ParamountParamount is making a habit of greenlighting low- to mid-budget films for its streaming service, only to about-face and send them to theaters first.As the media company and its rivals try to claw their way to higher profits, the strategy could gain traction."Smile," a horror film with a $17 million budget, was supposed to go straight to Paramount+ in 2022, but strong results from test screenings brought the…

Tinky-Winky, Laa-Laa, Dipsy and Po pose for a photo as the Teletubbies celebrate their 25th anniversary with the Lighting of the Iconic Empire State Building on April 26, 2022 in New York City.John Lamparski | Getty Images Entertainment | Getty Images"Tinky Winky. Dipsy. Laa-Laa. Po!"Those four names, the iconic sing-song intro to the "The Teletubbies," have graced household TVs for nearly 30 years. While the library of episodes hasn't changed in decades, their role in American media has taken on new meaning in the age of…

Dwayne ''The Rock'' Johnson and John Cena in action during WrestleMania XXVIII at Sun Life Stadium on April 1, 2012 in Miami Gardens, Florida.Ron Elkman | sports Imagery | Getty Images Sport | Getty ImagesNetflix co-Chief Executive Officer Ted Sarandos wants to make one thing clear about the company's deal to license WWE's Raw for the next ten years: Professional wrestling isn't sports."WWE is sports entertainment," Sarandos clarified during Netflix's fourth-quarter earnings conference call. "It's really as close to our…

The Netflix logo displayed on a phone screen and its website on a laptop screen are seen in this photo taken in Krakow, Poland, June 8, 2023.Jakub Porzycki | Nurphoto | Getty ImagesGet ready to pay more money for Netflix.You had to read down to page six of Netflix's shareholder letter to find it. But there it was. One dreaded sentence for price-conscious consumers. One big cheer for investors."As we invest in and improve Netflix, we'll occasionally ask our members to pay a little extra to reflect those improvements, which…

The Netflix logo is shown on one of the streaming giant's Hollywood buildings in Los Angeles on July 12, 2023.Mike Blake | ReutersLOS ANGELES — Netflix is due to report fourth-quarter earnings after the closing bell Tuesday.The company's performance has been an anomaly in the streaming realm. While competitors struggle to turn profits, Netflix saw an 8% bump in revenue last quarter as its paid memberships grew again.Here's what Wall Street expects: Earnings: $2.22 per share, according to LSEG, formerly known as…

Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE's flagship program Raw starting next year, in Netflix's first major foray into live sports.The 10-year deal is valued at more than $5 billion, according to a company filing. Netflix will have the option to exit the deal after five years and to extend it for another decade. The streaming platform will be able to stream Raw globally, and will start the agreement with exclusive rights to it in the U.S., Canada, U.K. and Latin America.…

We don't know what we want. This week, we will find out what it is that will propel us forward or turn us back after the S & P 500 on Friday closed at a new record high for the first time in more than two years. For example, we have three rails that report this week: Union Pacific , CSX and Norfolk Southern . Among them, you have pretty much every non-service portion of the U.S. economy spoken for: housing, industrial production, minerals, road building, heating, and food. What kinds of numbers do we want from these…