Netflix co-founder Reed Hastings steps down
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Netflix earnings topped estimates. Stock drops
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Netflix stock fell 10% Friday, with many Wall Street analysts raising questions about the company’s strategic direction. The company’s first-quarter results, released after the close of Thursday trading,
Blame the recent U.S. price hikes and the recently returned stock swagger after the streamer dropped out of the bidding war for Warner Bros. Discovery and received that $2.8 billion break-up fee. Netflix shares dropped 9 percent in Thursday after-market trading and as of 7:15 a.m. ET on Friday were down 10.8 percent at $96.20.
This friend group sounds messy already! The post Netflix Announces New Reality TV Show Calabasas Confidential: ‘One Dramatic Summer’ appeared first on Reality Tea.
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Netflix earnings Q1
Netflix reported its first-quarter 2026 earnings Thursday, revealing that during the January-March period it strongly beat analyst expectations in revenue and earnings. The results come on the heels of Netflix’s back-and-forth battle with Paramount Skydance for Warner Bros.
A former NBC News anchor, who left the network after a 28-year run and controversy, has found a new home at Netflix, where he'll host a new podcast.
Despite becoming a sleeper hit on the streaming service, Netflix has elected to pull the thriller series off their catalogue.
The streamer has strangely kept this witty and detailed college comedy from critics but it’s far better than one has come to expect