Netflix Inc - NFLX STOCK NEWS

Netflix, Inc. (NASDAQ: NFLX) will release its first quarter 2022 financial results and business outlook on April 19, 2022, at 1:00 p.m. PT on its investor relations website. A brief advisory will follow via newswire, linking to the detailed financial results and letter to shareholders. A video interview with key executives, including co-CEOs Reed Hastings and Ted Sarandos, will be available at 3:00 p.m. PT. Investors are encouraged to submit questions via email for inclusion.

Netflix, based in Los Gatos, California, announced that CFO Spence Neumann will present at the Morgan Stanley Technology, Media & Telecom Conference on March 8, 2022, at 11:30 a.m. PT / 2:30 p.m. ET. A live webcast of the presentation will be available on the Netflix investor relations website. Netflix serves over 222 million paid members across more than 190 countries, offering a wide range of TV series, documentaries, and films without commercials or commitments.

Netflix (NFLX) announced on March 2, 2022, its agreement to acquire Next Games for approximately €65 million, offering €2.1 per share. Next Games, established in 2013, specializes in mobile games based on popular entertainment franchises, with notable titles like Stranger Things: Puzzle Tales. The acquisition aims to enhance Netflix's gaming portfolio and internal studio capabilities. The Board of Directors of Next Games has unanimously recommended that shareholders accept the tender offer. The deal is expected to close in Q2 2022, pending customary conditions.

Pershing Square Capital Management acquired over 3.1 million shares of Netflix (NFLX), becoming a top-20 shareholder. The investment was motivated by Netflix's attractive valuation following a stock price decline due to poor subscriber growth and guidance. Netflix benefits from a strong management team, subscription-based revenue, pricing power, and expanding free cash flow. To finance the purchase, Pershing Square unwound most of its interest rate hedge, generating $1.25 billion. Despite market volatility, they believe in long-term gains from Netflix.

Netflix, Inc. (NASDAQ: NFLX) has announced its fourth-quarter 2021 financial results, available on its investor relations website. The company continues to lead as a streaming service with 214 million subscribers in over 190 countries. A video interview with key executives, including co-CEOs Reed Hastings and Ted Sarandos, will be available at 3:00 p.m. PT, providing insights into the company's performance and future outlook. For more detailed financial data, please visit their website.

Netflix, Inc. (NASDAQ: NFLX) will release its fourth-quarter 2021 financial results on January 20, 2022, at approximately 1:00 p.m. Pacific Time. The results will be made available on the company's investor relations website. A brief advisory will accompany the release, containing a link to the financial results and shareholder letter. Additionally, a video interview with the co-CEOs and CFO will take place at 3:00 p.m. Pacific Time, allowing investors to submit questions via email. Netflix currently boasts 214 million paid memberships in over 190 countries.

Netflix is facing a lawsuit filed by Hollywood Innovations Group (HIG) in California, alleging illegal use of advanced dubbing technologies to profit from the film #Alive. The suit claims Netflix colluded with producers to violate copyright laws and release #Alive before HIG's Alone, resulting in significant financial losses for HIG. As Netflix capitalizes on the burgeoning Asian market, the lawsuit challenges the ethical implications of its aggressive strategies, calling for a halt to the distribution of unauthorized versions of #Alive and seeking a share of Netflix's profits from its actions.

Netflix, Inc. (NASDAQ: NFLX) announced its third-quarter 2021 financial results on October 19, 2021. The company continues to lead in streaming entertainment with over 209 million paid memberships across 190 countries. Investors can view the full financial results and shareholder letter on Netflix's investor relations website. A video interview featuring co-CEOs Reed Hastings and Ted Sarandos, among other executives, will provide further insights into the quarter’s performance at 3:00 p.m. PT on the company's YouTube channel.

Netflix, Inc. (NASDAQ: NFLX) will disclose its third-quarter 2021 financial results and outlook on October 19, 2021, at approximately 1:00 p.m. Pacific Time via its investor relations website. A brief advisory release will accompany the results. Additionally, a video interview with key executives, including co-CEOs Reed Hastings and Ted Sarandos, will take place at 3:00 p.m. Pacific Time. Investors can submit questions for the interview.