Netflix

Netflix is increasing theatrical experiments — planning about 30 releases in 2027 and pursuing wider, exclusive windows for select films like Greta Gerwig's Narnia — while maintaining a streaming-first stance. The company overhauled content leadership, hiring Peter Rice and dismissing its head of film, to improve talent relations and execution after stagnant viewership and a roughly 30% stock decline this year. Executives say theatrical releases can boost reach and streaming demand, but Netflix lacks the full distribution and marketing infrastructure of traditional studios, leaving the scale and economics of the push uncertain. » Mere på cnbc.com

Netflix reported its weakest quarterly growth in years: revenue rose 12 percent to $12.9 billion, in line with expectations, and profit increased about 44 percent to $3.66 billion. Investors are worried about declining viewer activity and the absence of new global hits, prompting a sharp drop in the stock. The company cut around 6 percent of its workforce (about 1,000 jobs) and replaced programming executives; its new goal is to keep users engaged with films and series for longer and to monetize content more effectively. » Mere på finanzen.net

In the last quarter Netflix reported its weakest revenue growth in three years: revenue rose only 12 percent to $12.9 billion, while profit increased by around 44 percent to $3.66 billion. In pre-market trading the stock plunged more than 6 percent; year-to-date it has lost over a quarter and more than 40 percent over the past twelve months. Management announced a stronger focus on viewer retention and content in the US; at the same time about 6 percent of jobs were cut and there were personnel changes in programming, with Peter Rice succeeding Bela Bajaria. » Mere på finanzen.net