Edward Saatchi, Fable Showrunner CEO, joins 'Squawk Box' to discuss using AI to generate full TV episodes or scenes, impact of AI on the entertainment industry, and more.
NFLX deepens its Asia push with $2.5B for Korean content, $18B for India and a BIFF tie-up to fuel local storytelling and growth.
Netflix stock (NASDAQ: NFLX) has experienced significant growth, increasing by approximately 35% this year and over 70% in the last twelve months. The stock is now priced at over $1,200.
Netflix is significantly bolstering its live-sports roster, announcing Monday that it will be the exclusive home of the 2026 World Baseball Classic for Japanese viewers.
Netflix (NFLX) closed the most recent trading day at $1, moving +1.19% from the previous trading session.
Netflix appears to have its first No. 1 box-office title in the streaming company's 18-year history thanks to the sensation of “KPop Demon Hunters”.
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.
Investors have been very fortunate over the past couple of years. A tremendous run for technology stocks on artificial intelligence enthusiasm, investments, and rising long-term expectations has carried the broader stock market to impressive heights.