Latest Netflix Inc News
The $230 billion donor-advised fund industry gets an IRS hearing
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
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
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'
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
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. ...
Netflix now has nearly 270 million subscribers after another strong showing to begin 2024
Netflix gained another 9.3 million subscribers to start the year while its profit soared with the help of a still-emerging expansion into advertising, but caught investors off guard with a change that will make it more difficult to track the video streaming service's future growth. ...
Netflix: Q1 Earnings Snapshot
LOS GATOS, Calif. (AP) — LOS GATOS, Calif. (AP) — Netflix Inc. (NFLX) on Thursday reported first-quarter net income of $2.33 billion. The Los Gatos, California-based company said it had net income of $5.28 per share. The results exceeded Wall Street expectations....
This week: Retail sales, United Airlines and Netflix earnings
Retail receipts On Monday, the government releases its report on retail sales for the month of March. After pulling back in January, Americans picked up their spending a bit in February, but the 0.6% gain was weaker than expected and suggested that consumers are...
Prince Harry scores goal in charity polo match as Meghan, Netflix cameras look on
WELLINGTON, Fla. (AP) — Prince Harry and his wife, Meghan, may have given up their royal duties, but not the celebrity life. The Duke and Duchess of Sussex drew a crowd of media and the wealthy on Friday as he played in a celebrity pro-am polo match to benefit Sentebale, the...
Netflix docuseries on abuse allegations at New York boarding school prompts fresh investigation
A Netflix docuseries spotlighting abuse allegations at a long-shuttered boarding academy for teens in rural northern New York has prompted dozens of new complaints to the local prosecutor and a fresh investigation. “The Program: Cons, Cults and Kidnapping” started streaming last...
