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Netflix stock logs biggest weekly drop since April as Elon Musk calls for users to cancel subscriptions
Yahoo Finance· 2025-10-03 20:07
Netflix (NFLX) shares fell Friday, cementing their biggest weekly decline since April 4. The stock dropped nearly 5% over the 5-day trading period ending Friday as Tesla (TSLA) CEO Elon Musk continued to urge consumers to boycott the streaming giant. The stock has lagged the broader market, which has climbed about 2% to new record highs over the past week, and has also trailed Big Tech peers like Amazon (AMZN) and Meta (META). The drop comes as Musk amps up calls for a boycott, urging his 227 million fo ...
Netflix’s New #1 Movie In Its Top 10 List Is Absurd At This Point
Forbes· 2025-09-24 15:22
Netflix Top 10Netflix I have never seen anything like this. Despite the fact that 28 Years Later is now on Netflix, and a bunch of other licensed films starring big names from The Rock to Liam Neeson have arrived, there just is no stopping this movie and its run in the Top 10 list.That, of course, would be KPop Demon Hunters. I’ve reported for a while now that over three months after release, KPop Demon Hunters refuses to leave the top 3 on Netflix, and now? Believe it or not, it’s back to #1. Even for a mo ...
Netflix Stock Upgraded To Buy, Retakes Key Level
Investors· 2025-09-17 20:17
Gould called the company's third-quarter subscriber engagement "exceptional" with such popular content as "Squid Game," "Wednesday" and "KPop Demon Hunters." Further, Netflix has a "strong Q4 content slate" on tap, he said. Key fourth-quarter releases include the final season of "Stranger Things," "The Diplomat" season three, a Christmas NFL doubleheader, Guillermo del Toro's "Frankenstein," "Troll 2" and the next "Knives Out" mystery film. Netflix Stock Is In Flat Base Netflix "has won the streaming wars, ...
David Ellison has wasted no time putting his stamp on Paramount
CNBC· 2025-09-12 11:00
Core Insights - David Ellison, as CEO of the newly merged Paramount Skydance, is rapidly implementing a strategy focused on high-quality storytelling and technology to redefine entertainment [2][3][21] - The company is pursuing a significant acquisition of Warner Bros. Discovery, which would enhance its media portfolio and franchise offerings [3][17] Company Strategy - Ellison has signed key creative and executive talent, initiated new franchises, and secured a $7.7 billion deal for UFC streaming rights, marking a substantial investment in content [2][6] - The merger with Skydance, which faced delays due to regulatory scrutiny, is seen as a necessary step for rebuilding Paramount's content capabilities [4][5] Financial Implications - Analysts predict a prolonged period of investment in content, with expectations for the number of releases to double, although immediate financial benefits may not be evident [4][16] - The company is also looking to cut $2 billion in costs amid advertising losses and challenges in traditional cable networks [18] Market Position - The acquisition of UFC is viewed as a unique opportunity, as it provides year-round content that can drive subscription revenue [8][9] - Paramount's strategy includes developing major video game franchises into films, with successful examples like Sonic the Hedgehog already in place [12][11] Future Outlook - The upcoming earnings report in November is anticipated to provide further insights into the company's strategic direction and cost-cutting measures [18] - The potential acquisition of Warner Bros. Discovery could significantly expand Paramount's franchise portfolio, including major properties like DC superheroes and Harry Potter [17]
Is Netflix Building a Real-World Entertainment Empire?
The Motley Fool· 2025-08-27 10:07
Core Insights - Netflix is exploring new strategies by integrating real-world experiences such as themed entertainment centers and theatrical releases, indicating a potential shift from its purely digital model [1][3][4] Group 1: New Initiatives - Netflix is launching real-world entertainment centers themed around its popular shows, with the first two locations set to open in Philadelphia and Dallas, followed by Las Vegas in 2027 [3] - The company is also testing theatrical releases, as evidenced by the animated musical movie "KPop Demon Hunters," which earned $18 million in its first weekend in theaters, marking Netflix's first movie to reach 1 on the weekly box office report [7] Group 2: Cultural Impact - Netflix has demonstrated a unique ability to influence cultural trends, as seen with the success of the "KPop Demon Hunters" soundtrack, which achieved significant chart success on Billboard and Spotify [2][7] - The company’s past successes, such as "Stranger Things" and "Squid Game," highlight its capacity to revive older music and genres, further solidifying its role in shaping popular culture [2] Group 3: Future Prospects - There is speculation that Netflix may evolve into a more traditional entertainment empire, akin to Disney or Universal Studios, by expanding its real-world initiatives [9] - The long-term sustainability of these new strategies remains uncertain, as the company navigates the balance between digital and physical entertainment [10]
'Stranger Things' creators, the Duffer Brothers, ink 4-year deal with Paramount Skydance
CNBC· 2025-08-19 18:23
Group 1 - The Duffer Brothers have signed an exclusive four-year deal with Paramount, which has recently merged with Skydance, for feature films, television, and streaming projects [1][2][5] - Their contract with Netflix will end in April 2026, after which Upside Down Pictures, led by the Duffer Brothers, will start developing projects for Paramount Pictures and Paramount Television [2][4] - The Duffer Brothers expressed excitement about joining Paramount, viewing it as a fulfillment of a lifelong dream to bring bold, original films to the big screen [3] Group 2 - The Duffer Brothers are currently working on two projects for Netflix, "Something Very Bad Is Going to Happen" and "The Boroughs," and will continue to be involved with Netflix for these projects [4] - The merger of Paramount and Skydance is aimed at investing in high-quality storytelling and cutting-edge technology to define the next era of entertainment [5]
‘Stranger Things' creators may be leaving Netflix
TechCrunch· 2025-08-17 20:07
Netflix could soon lose the creative team behind one of its biggest hits. Earlier this week, Variety and other Hollywood publications reported that Matt and Ross Duffer, the brothers who created "Stranger Things" (and wrote and directed many episodes), were in talks to sign an exclusive deal with Paramount (now under the ownership of David Ellison's Skydance). Then on Friday evening, Puck's Matthew Belloni posted that the Duffers had in fact "made their choice" and were going to Paramount. The Duffer Brothe ...