Netflix Beats Q3 Earnings Estimates But Braces Wall Street for 2026 Ad Sales Whiff
Shares in NFLX continue to tumble after the streamer released its fourth quarter forecast.
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Fremantle Revenues Slide But Earnings Shoot Up To $69.2M
Kill Jackie producer Fremantle saw its half-yearly revenues slide nearly 8% due to drama and film production, but earnings still shot up to nearly $70M. In results released by parent RTL this morning, the London-based company posted revenues of €835M ($963M), down 7.7% on the €905M from the same period last year. RTL attributed the […]
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Streamer And Specialty Distributor Cineverse Reveals Layoffs
Streamer and specialty film distributor Cineverse has revealed that layoffs have hit its workforce of 375 employees. In its report of fiscal first-quarter earnings on Thursday, the company said it completed a “reduction in force” after the June 30 end of the quarter. The move will result in $1.8 million in annual cost savings, the […]
