Latest Netflix Inc News

Sheriff faces questions from Arkansas lawmakers over Netflix series filmed at county jail

May. 14, 2024 19:49 PM EDT

LITTLE ROCK, Ark. (AP) — Arkansas lawmakers on Tuesday raised questions about a sheriff's decision to allow a Netflix documentary series to be filmed at the county jail, with one critic saying the move exploited inmates. Pulaski County Sheriff Eric Higgins defended the decision to...

The $230 billion donor-advised fund industry gets an IRS hearing

May. 08, 2024 14:19 PM EDT

WASHINGTON (AP) — Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an increasingly popular way for donors to set aside money to spend on charitable causes. Driving the debates are questions about...

Disney's streaming business turns a profit in first financial report since challenge to Iger

May. 07, 2024 13:08 PM EDT

The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. Theme parks also continued to do well and the company boosted its outlook for the year. ...

Paramount Global replaces CEO Bob Bakish with a troika of executives

Apr. 29, 2024 19:17 PM EDT

NEW YORK (AP) — Paramount Global on Monday announced that Bob Bakish is stepping down as CEO of the film, television and multimedia company. Bakish will be replaced by a troika of executives who will form a new “Office of the CEO.” The group includes George Cheeks, the CEO of...

Publishing spinoff of 'Wednesday' has everything from tarot cards to 'Woeful Waffles'

Apr. 24, 2024 10:08 AM EDT

NEW YORK (AP) — Penguin Random House is teaming with Amazon MGM Studios on a series of books based on “Wednesday,” the Emmy-winning hit about young Wednesday Addams of Addams Family fame. The publisher announced Wednesday (of course) that the series will debut this summer, with...

American Express, Fifth Third rise; Netflix, PPG Industries fall, Friday, 4/19/2024

Apr. 19, 2024 16:14 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: Alphabet Inc., down $1.92 to $154.09. Google says it will combine several divisions as it focuses on integrating artificial intelligence more widely throughout the company. ...