WWE, Netflix and Monday Night Raw
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Netflix will no longer report subscriber numbers — which has been a key metric for streaming services for years — beginning with the first quarter of 2025. The company made the announcement in releasing its first-quarter 2024 earnings Thursday.
Netflix (NFLX) is rated a buy as ads and live events drive retention, monetization, and margin expansion. Read here for more analysis.
Warner Bros Discovery's board has unanimously turned down Paramount Skydance's latest attempt to acquire the studio, saying its revised $108.4 billion hostile bid amounted to a risky leveraged buyout that investors should reject.