Netflix brought a sing-along version of the popular animated film "KPop Demon Hunters" to theaters to promote the sing-along's launch on its streaming platform. The streamer does not disclose theatrical ticket sales numbers to the public, but some box office analysts have reported that two-day event generated between $16 million and $20 million in receipts.
CNBC's 'Squawk on the Street' to discuss the latest popular offering from Netflix.
Poland's consumer watchdog the Office of Competition and Consumer Protection (UOKiK) has accused Netflix of raising subscription fees without securing explicit user consent, the regulator said on Monday.
“We want to beat Disney in family animation,” Netflix CEO Reed Hastings said in 2020. With KPop Demon Hunters, that goal suddenly looks real.
A limited, singalong release of the animated phenomenon showed streaming success can also bring fans to theaters.
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Today's market is being threatened by some of the economic data that has been coming out for the United States, which poses a major risk of volatility down the line, from inflation data to housing and employment, investors should be aware of what areas of the market could be set up to mitigate some of these volatile moves as well as provide some upside potential in the coming months.