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(Bloomberg) -- Netflix Inc. named Jay Hoag, founding general partner of the investment firm TCV, as chairman, to replace co-founder Reed Hastings, who left the board this week.Most Read from BloombergBecerra Advances for California Governor as Hilton Fights SteyerNasdaq 100 Sinks 5% in AI-Led Rout as Yields Climb: Markets WrapSpaceX, Other Mega IPOs Denied Fast Index Entry by S&PSpaceX Inks $30 Billion Computing Power Deal With GoogleTrump Says He, Not Congress, Is in Charge of Kennedy Center in

Netflix appointed lead independent director Jay Hoag as chairman of ‌its board, succeeding Reed Hastings, who ‌stepped down from the board of the streaming ​service he co-founded nearly three decades ago. • The streaming platform announced the move in an SEC ‌filing on Friday, ⁠saying Hoag assumed the role following its annual shareholders meeting on ⁠June 4. • Netflix said in April that Hastings is quitting the company in order ​to focus ​on his philanthropy ​and other pursuits.

Check out our earnings calendar for this week, as well as our previews and recaps of the more noteworthy reports.

(Bloomberg) -- Canada will provide funding to help artificial intelligence companies scale up, and plans to take equity stakes in the country’s most promising AI firms to accelerate the creation of so-called “national champions.”Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborBroadcom Slides by Most in More Than a Year on AI Outlook MissTrump to G

Shares of Netflix advanced on Thursday, putting them on pace to snap an eight-day losing streak, after Canada’s government directed its television and communications regulator to reverse a recent decision requiring U.S. streaming companies to funnel revenue to Canadian content. In May, Canada’s equivalent to the Federal Communications Commission said it would require large streamers to contribute 15% of Canadian revenue to Canadian content. The Motion Picture Association and the U.S. ambassador to Canada had pressed the country to change the policy, and the government acquiesced late Wednesday.

(Bloomberg) -- Netflix Inc. is using AI to help customers cut through the noise of content overload, said Elizabeth Stone, the streaming service’s chief product and technology officer.Most Read from BloombergTrump Begins Rebuilding His Tariff Wall, Citing Forced LaborRepublican-Led House Votes to Stop Iran War, Rebuking TrumpGlazer Family Members Study Manchester United Stake SaleTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtRussia Finance Officials Tell Putin War Spending Is Unafford

HBO’s ‘House of the Dragon,’ Hulu’s ‘The Bear’ and Apple’s ‘Cape Fear’ will try to compete with the World Cup

(Bloomberg) -- Paramount Skydance Corp. stretched, then stretched, then stretched again in its audacious $110 billion takeover bid for Warner Bros. Discovery Inc.Most Read from BloombergAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseStrait of Hormuz Ship Transits Are Rising Thanks to US HelpCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarSingapore Hands Byju's Founder His First Ever Jail TermNow the companies

(Bloomberg) -- It began as a concession in private conversations to assuage wary credit analysts looking at Paramount Skydance Corp.’s blockbuster takeover of Warner Bros. Discovery Inc.: a verbal pledge by the Ellison family to do whatever it takes to slash debt at the combined company.Most Read from BloombergIran’s Khamenei Says No Going Back for Middle East Rocked by WarSingapore Hands Byju's Founder His First Ever Jail TermPutin Signs Law on Use of Army to Aid Russians Detained AbroadRussia

Charlamagne tha God’s morning radio show has been a standout success among the streamer’s video podcast efforts.

Charlamagne tha God’s morning radio show has been a standout success among the streamer’s video podcast efforts.

(Bloomberg) -- Bankers are preparing to sell $49 billion of debt to back Paramount Skydance Corp.’s takeover of Warner Bros. Discovery Inc., in one of the most highly-anticipated financing deals of the year.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersNATO Is Starting to Consider Hormuz Mission to Protect ShipsHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS 30-Year Yield Hits Highest Since 2007 as Selloff DeepensTrump Threatens Iran With ‘Bi

Netflix (NasdaqGS:NFLX) is shifting focus away from a potential acquisition of Warner Bros. Discovery and toward expanding its advertising, AI-driven content, and consumer products initiatives. The company is putting more emphasis on its global ad-supported tier, AI capabilities including the acquisition of Ben Affleck's InterPositive, and new consumer product categories. Netflix, with a recent share price of $89.33, is leaning into its existing scale and technology stack rather than...

(Bloomberg) -- President Donald Trump’s latest financial disclosures show that he made a slew of stock and bond purchases with major American companies in the first quarter of the year totaling in the tens of millions of dollars and possibly more. Most Read from BloombergHormuz Oil Flows Creep Higher as More Supertankers ExitIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsWhat Is The Thucydides Trap and Why Did Xi Raise It With Trump?Xi Tells US CEOs on Trump Visit That Chi

Few stocks have whipsawed investors in 2026 the way Netflix (NASDAQ:NFLX) has. Shares plunged from $126.03 in July 2025 to a $77 trough in February 2026, then clawed back to $88.27 as of May 6. Our 24/7 Wall St. price target for Netflix is $338.63, implying 283.63% upside. The recommendation is buy at 90% confidence. ... Netflix Just Raised Guidance. The Market Sold It Off. We See 283% Upside

Netflix announced this week at its New York upfront presentation that it will host five NFL games during the 2026 season

For years, Netflix operated on a simple premise: charge people a monthly fee, create engaging content, and grow. That model worked brilliantly. But something has quietly shifted. Netflix (NFLX) just raised prices again. And while the sticker shock is real, the more important story is what's ...

The National Football League’s four-year deal with Netflix licenses three additional games to the streaming platform, and agreements with Fox and NBC bring them more games as well.

Netflix is calling Texas Attorney General Ken Paxton's lawsuit accusing the company of spying on children "meritless" and is preparing to fight it.

Advertiser spending on streaming is projected to hit $20 billion by 2029, as consumers flock to cheaper ad-supported plans.

Netflix has invested over $135 billion in films and television series over the past decade, ‌the company said on Tuesday, underscoring the dominance of ‌the streaming giant and the growth of on-demand entertainment. During the same period, ​Netflix contributed more than $325 billion to the global economy and created over 425,000 jobs on productions, it said. The Los Gatos, California-based company is one of the world's largest video streaming platforms, ‌with over 325 million ⁠paid members as of the end of 2025, having pioneered at-home video entertainment and producing original ⁠intellectual properties that have dominated popular culture.

Investing.com -- Texas Attorney General Ken Paxton has filed a lawsuit against Netflix Inc (NASDAQ:NFLX), alleging the streaming giant illegally surveilled users and exploited children’s data. The legal action claims the company rebranded itself as a "logging company" that prioritizes data monetization over consumer privacy. The state’s petition alleges that Netflix deceptively collected sensitive behavioral information without obtaining proper consent from its millions of Texas subscribers. Sha

Moby summary of Warner Music Group Corp.'s Q2 2026 earnings call

The media and entertainment company’s huge loss came after recording a $2.8 billion termination fee that was triggered when Paramount Skydance beat out Netflix to acquire Warner.