Paramount Skydance (PSKY) extended the deadline for its bid to acquire Warners Bros. Discovery (WBD) on Thursday, while Warner Bros. continued to recommend shareholders vote for its deal to be bought by Netflix (NFLX) as the Hollywood studio drama continues to rock the media world. Early Thursday, Paramount said in a new proxy filing that its all-cash, $30 per share offer to acquire all of WBD would be extended to Feb. 20; the initial bid was set to expire on Jan. 21. Earlier this week, Netflix announced ...

Netflix co-CEO Ted Sarandos is planning to testify in February at a U.S. Senate committee hearing looking into the company's proposed $82.7 billion purchase of the streaming and studio operations of W... ...

Netflix, Inc. (NASDAQ:NFLX) is one of the 15 Best S&P 500 Stocks to Look For in 2026. Netflix, Inc. (NASDAQ:NFLX) reported its Q4 2025 earnings after the market close on January 20. While the Q4 results were strong, the 2026 guidance was seen as slightly softer than street expectations. There were downward price target revisions across almost all firms covering it, including Bernstein and Goldman Sachs, who lowered their targets by 8%-10%. Going into the results, analysts had mixed feelings on the strea ...

Core Insights - Netflix's global streaming platform has surpassed 325 million paid memberships, with significant room for growth as penetration remains below 10% of total television viewing time in major markets [1][10] Membership Dynamics - Membership growth is reaccelerating, with branded original content viewership up 9% in the second half of 2025 and total viewing hours increasing by 2% annually [2] - The ad-supported membership tier is expanding Netflix's addressable market by attracting price-sensitive consumers, contributing to incremental growth [2] Content Strategy - Netflix's 2026 content strategy includes returning franchises and new productions, aiming to sustain membership growth [3] - The platform is diversifying into video podcasts and live programming, enhancing content variety through partnerships with major studios [3] Financial Projections - Netflix projects 2026 revenue between $50.7 billion and $51.7 billion, reflecting a year-over-year growth of 12-14% driven by membership additions [4][10] - The consensus estimate for Netflix's 2026 EPS is $3.20, indicating a 26.48% increase from the previous year [13] Competitive Landscape - Netflix faces competition from Disney and Amazon, each employing different strategies to capture subscribers [5][6][7] - Disney+ targets family-oriented subscribers with franchise content and bundle discounts, while Amazon integrates streaming with its Prime ecosystem [6][7] Valuation and Performance - Netflix shares have declined 28.3% over the past six months, compared to a 12.9% decline in the broader industry [8] - The stock appears overvalued, trading at a forward price-to-sales ratio of 7.05X, significantly higher than the industry's 4.3X [11]

Core Insights - Netflix reported strong fourth-quarter 2025 results, surpassing both revenue and earnings estimates, and achieved over 325 million paid memberships during the quarter [1][5][11] Financial Performance - The company's fourth-quarter earnings exceeded the Zacks Consensus Estimate by 1.8%, while revenues surpassed the consensus mark by 0.8% [5] - Year-over-year, Netflix experienced double-digit revenue growth across all regions: UCAN (up 18%), EMEA (up 18%), Latin America (up 15%), and Asia-Pacific (up 17%) [6] Growth Drivers - Key growth catalysts included stronger-than-expected membership growth, higher subscription pricing, and increased advertising revenues [5] - Netflix plans to enhance viewership by collaborating with a wider range of creators and introducing new programming formats, such as video podcasts [6] Future Initiatives - The company is launching cloud-delivered TV-based party games in early 2026, including popular titles like Boggle and Tetris [7] - Netflix has a robust lineup for 2026, featuring new seasons of popular series and a variety of films, alongside plans for live streaming events [8][9] Market Reaction - Despite the positive earnings report, Netflix's shares fell due to softer first-quarter 2026 guidance and margin compression, as well as the announcement of a pause in its share buyback program [2][11] ETF Opportunities - The pullback in Netflix's stock may present an opportunity for ETF investors seeking diversified exposure to the streaming service [3][11] - Notable ETFs include First Trust Dow Jones Internet Index Fund (FDN), MicroSectors FANG+ ETN (FNGS), and Communication Services Select Sector SPDR Fund (XLC), each providing varying levels of exposure to Netflix [12][13][14]

格隆汇1月22日｜奈飞(NFLX.US)续跌1.6%，报84美元。消息面上，奈飞Q4业绩表现强劲但Q1指引逊预 期，为收购华纳兄弟探索暂停回购，该股昨日跌超2%。此外，多家大行下调对奈飞的目标价。其中， 高盛将其目标价从112美元降至100美元，维持"中性"评级；摩根士丹利将其目标价从120美元降至110美 元，维持"增持"评级；瑞银将其目标价从150美元降至130美元，维持"买入"评级。(格隆汇) ...

Paramount Skydance CEO David Ellison is urging Warner Bros. Discovery shareholders to reject rival Netflix's already accepted offer, but has so far stopped shy of raising his own counteroffer. ...

Core Viewpoint - The future of Warner Bros. Discovery (WBD) hinges on European regulators' stance regarding Netflix, which could significantly impact its assets, including its movie studio and cable networks [1][7]. Group 1: WBD's Assets and Deals - WBD owns numerous live U.S. sports rights, including March Madness, Major League Baseball, and the National Hockey League, but these rights will not be transferred to Netflix under the current deal [2]. - Netflix has agreed to acquire WBD's movie studio and streaming business for $27.75 per share, while the cable networks will be spun off into a separate entity called Discovery Global [3]. - Paramount has made a competing bid of $30 per share for the entirety of WBD, which has been rejected by WBD's board [4]. Group 2: Shareholder Response and Confidence - WBD reported that less than 7% of shareholders have tendered their shares to Paramount, indicating a lack of support for the competing offer [5]. - WBD expressed confidence in securing regulatory approval for the Netflix merger, citing that over 93% of shareholders have rejected Paramount's offer [6]. Group 3: Regulatory Considerations - European regulators will also need to approve the Netflix deal, with WBD estimating a 95% certainty of approval, although Netflix may need to meet certain conditions [8]. - Paramount believes that the Netflix deal faces significant challenges in gaining approval from European regulators [9]. - Historical precedents exist where European regulators have blocked deals between U.S.-based companies, indicating potential hurdles for the Netflix-WBD transaction [10].

Core Insights - Ryan Coogler's film "Sinners" received a record-breaking 16 nominations at the 98th Academy Awards, surpassing the previous record of 14 nominations held by "All About Eve," "Titanic," and "La La Land" [1][10] - "One Battle After Another," directed by Paul Thomas Anderson, followed closely with 13 nominations, showcasing strong competition between the two films [2][10] - The Academy's recognition of these films reflects a focus on original American narratives that resonate with current social issues, particularly in the context of race and rebellion [3][10] Nominations Overview - The ten films nominated for Best Picture include "Bugonia," "F1," "Frankenstein," "Hamnet," "Marty Supreme," "One Battle After Another," "The Secret Agent," "Sentimental Value," "Sinners," and "Train Dreams" [6][10] - "Frankenstein," "Marty Supreme," and "Sentimental Value" each received nine nominations, indicating a competitive landscape for the awards [6][10] Actor and Actress Nominations - In the Best Actor category, nominees include Michael B. Jordan for "Sinners," Timothée Chalamet for "Marty Supreme," Leonardo DiCaprio for "One Battle After Another," Ethan Hawke for "Blue Moon," and Wagner Moura for "The Secret Agent" [7][10] - The Best Actress nominees feature Jessie Buckley for "Hamnet," Rose Byrne for "If I Had Legs I'd Kick You," Kate Hudson for "Song Sung Blue," Renate Reinsve for "Sentimental Value," and Emma Stone for "Bugonia," marking her sixth nomination [7][10] Industry Context - The Oscars introduced a new category for casting, which benefited "Sinners" and "One Battle After Another," further enhancing their nomination tallies [9][10] - Warner Bros. achieved its best Oscar nominations morning ever amid a contentious sale to Netflix for $72 billion, highlighting significant industry shifts [10]

NEW YORK (AP) — Skydance-owned Paramount is again extending the tender offer window in its $77.9 billion hostile takeover bid for Warner Bros. Discovery, while doubling down on a coming proxy fight. Warner stockholders now have until Feb. 20 to sell their shares to Paramount for $30 apiece in cash — a price that remains unchanged, giving the offer a total enterprise value of over $108 billion including debt. It marks the second extension the company has made since challenging Warner’s merger agreement wit ...