Netflix to cut about 1,000 jobs, roughly 6% of staff, in largest reduction since 2022; content chief Bela Bajaria exits
The layoffs hit engineering and legal teams and come alongside the ouster of the company's top content executive even as Netflix remains profitable and growing.
indica News · +15 outlets
Skydance faces legal and debt fallout after $110B Warner Bros. merger; shares slide and analysts diverge on targets
The newly merged Paramount Skydance is drawing analyst downgrades, price-hike moves at Discovery+ and HBO Max, and legal scrutiny as US prosecutors stand firm d
StocksToTrade · +9 outlets
'Street Fighter' tops box office with $31M as 'You Can See Everything' hits $12M+ and 'Whalefall' sinks
Paramount's video-game adaptation led a weekend frame that also saw A24's Elizabeth Holmes documentary post historic Thursday previews.
The Hollywood Reporter · +10 outlets
'Jailer 2' crosses Rs 300 cr worldwide by day 3 after Rs 100 cr opening
The Rajinikanth, Mohanlal and Shiva Rajkumar action film is posting strong day-one and weekend figures across India and Kerala.
The Times of India · +14 outlets
Netflix shares fall about 3% as content shake-up and layoffs fail to ease investor worries
Analysts remain focused on engagement, advertising targets and the upcoming Oct. 20 earnings report amid the leadership reshuffle.
Invezz · +6 outlets
Fox-Roku deal prompts BofA double upgrade to Buy on projected revenue and cost synergies
The bank said the Roku transaction changes the earnings equation for the media company.
Yahoo Finance · +1 outlets
Tyler Perry's $30M former Army base is now among his largest production complexes, 11 years on
Perry bought the decommissioned military site in 2015 and has developed it into a major film and TV production hub.
The Times of India · +3 outlets
Cineplex posts record quarter as North American box office rebound gains momentum
The Canadian exhibitor's results point to a recovering theatrical market across the region.
Celluloid Junkie · +3 outlets
Wall Street week ahead: earnings from Meta, Tesla, Netflix and SpaceX in focus
A heavy slate of tech and media results headlines the coming week's calendar, along with a closely watched survey.
Livemint · +12 outlets
US indices end week higher as Amazon earnings lift sentiment, but Nasdaq logs worst month in over a year
Amazon's results supported the broader market while the tech-heavy Nasdaq capped a weak month.
Stocktwits · +13 outlets
An activist reportedly builds a $200M WBD stake and urges thorough review of Paramount's bid
The position adds pressure to the Warner Bros. Discovery deal process involving Netflix and Paramount.
Stocktwits
Mattel turns to water parks to counter slowing Barbie sales
The toy maker is expanding into location-based entertainment as its core doll business cools.
timesdaily.com · +5 outlets
New York overtaking California as top state for TV and film production
Production incentives are shifting scripted and film work eastward away from California.
Breitbart News · +8 outlets
Bill Ackman says Netflix has effectively won the streaming wars after his 2022 loss
The investor has rebuilt a position in the streaming giant, reversing his earlier bet against it.
Stocktwits · +14 outlets
Netflix to raise Discovery+ prices days after $110B Skydance merger
The move follows the combination that created Paramount Skydance and the merged streaming assets.
Yahoo Finance · +10 outlets
Bernstein cuts Paramount Skydance price target to $6.00
The reduced target adds to cautious analyst views on the merged company's equity.
ad-hoc-news.de · +2 outlets
Nvidia reveals over 9% stake in Nebius; NBIS stock jumps
The disclosure adds to bullish analyst views on the AI infrastructure company.
Stocktwits
Netflix Q3 preview: analysts say investors are watching the wrong numbers
The streaming giant reports earnings as scrutiny focuses on engagement and ad revenue.
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