Netflix Q3 revenue meets estimates but weak Q4 forecast and missed ad target send shares lower
Netflix beat on quarterly profit but guided to slower revenue growth and cut its full-year ad sales target to $2.7 billion, prompting Wall Street to trim price
Thewrap · +15 outlets
Netflix co-CEO Greg Peters defends layoffs as 'hard trade-offs' after leadership shakeup
The restructuring follows a year in which Netflix says it built quickly and overinvested in programming units.
Storyboard18 · +4 outlets
John Malone predicts SpaceX will invest billions in Skydance to help it delever
The mogul's prediction points to a possible SpaceX-Starlink tie-up with Skydance as the studio absorbs Warner Bros. assets.
Thewrap · +3 outlets
Netflix expands ad targeting and measurement tools, adds The Trade Desk integration
The move comes as Netflix works to scale its advertising business after lowering its expected 2026 ad revenue.
Storyboard18 · +13 outlets
Bob Iger to publish second memoir, 'One Last Time,' about his return as Disney CEO
Iger is also making the rounds on Good Morning America reflecting on his legacy, saying he would not do anything differently.
WDW News Today · +14 outlets
Disney appoints Carol Choi as Asia Pacific president as Luke Kang retires
The leadership change lands as Disney pursues a sweeping restructuring of its entertainment divisions.
Branding in Asia · +11 outlets
Disney targets four entertainment divisions in sweeping restructuring as hundreds of jobs at risk
The overhaul under Disney's new CEO is expected to reshuffle major content operations.
Disney Fanatic · +5 outlets
'Glee' reboot gets series order at Disney+ and Hulu
The order follows a script completed by Ryan Murphy with Ian Brennan and Brad Falchuk.
Thewrap · +14 outlets
Reese Witherspoon buying back Hello Sunshine in reported eight-figure deal
The move comes five years after Witherspoon sold the production company.
The Times of India · +11 outlets
UCLA Teens and Screens survey: YouTube tops Gen Z and Gen Alpha storytelling, but influence does not carry into film and TV
The annual report also found that opinions on AI sour as children and teenagers age.
Thewrap · +10 outlets
E!'s 'The Golden Life' to stream on Hulu under Versant licensing deal
The reality series featuring Real Housewives of New York City alumni found a streaming home after fans asked where to watch.
Deadline · +6 outlets
Hulu's 'The Circle' revival taps SiriusXM's Tinx as host
The reality competition moves to Hulu after seven seasons on Netflix.
Variety
UK competition watchdog 'very alive' to risks from sweeping Meta scraping change
The CMA says it is speaking to Meta about the imminent terms and conditions change.
Pressgazette · +1 outlets
'Dune: Part Three' smashes BFI IMAX first-day presale record with 33,000 admissions
The UK's largest screen sold more than 880,000 pounds ($988,000) worth of tickets in 24 hours.
Deadline · +4 outlets
Substack brings dynamic ad insertion to podcasts
Podcasters will be able to sell their own campaigns or fill ad breaks via third-party marketplaces, with monetization slated for 2027.
Adweek · +5 outlets
OpenAI expands ChatGPT Ads to 26 new countries
The expansion is part of a broader diversification push at the company.
CNBC · +14 outlets
CNN redesigns website homepage, showcases new video offerings
CNN's digital team used insights from All Access to build a more substantial homepage.
Adweek
Salesforce to buy Braze for $5.66 billion
Salesforce plans to use Braze's AI for real-time customer behavior signals and cross-platform services.
Adweek