Netflix stock falls after fourth quarter results top forecasts, Warner Bros. deal hangs in the balance

Netflix (NFLX) reported fourth quarter earnings after the bell on Tuesday that showed better-than-expected results but said it would ramp up its rollout of new content in the year ahead and pause its share repurchase program given its pending acquisition of Warner Bros. Discovery (WBD). The streaming giant reported revenue of $12.05 billion, more than Wall Street estimates for $11.96 billion, per Bloomberg consensus data, which matched the company's own forecast. In the fourth quarter of last year, the co ...