Netflix shares rose 4% after it joined a new coalition, the Streaming Access and Choice Alliance, aiming to challenge current live sports broadcasting rules. The coalition, including Amazon and Alphabet's YouTube, seeks to influence policy around the Sports Broadcasting Act, potentially allowing Netflix to bid for live sports rights currently restricted by antitrust exemptions. This move is significant for Netflix's growth, especially its ad business, while Amazon and Alphabet showed muted stock responses. Investors should watch for regulatory developments and Netflix's upcoming Q3 financial results for further impact.
Following Netflix's move to join the Streaming Access and Choice Alliance, its shares rose 4.11% to USD 80.58 as of Sep 15, 2026 01:03 WIB on Pluang. Alphabet's stock also gained 3.16%, trading at USD 349.18, while Amazon saw a slight decline of 0.55% to USD 255.38. These shifts highlight varied investor reactions to the new coalition and its potential impact on streaming and live sports broadcasting rights.
Jefferies initiated coverage of Netflix with a Buy rating and set a price target of $85, implying over 20% upside from the current price. The firm highlights growth potential driven by higher subscription prices, expanding advertising revenue, and im...
Netflix is set to cut approximately 1,000 jobs, about 6% of its workforce, mainly in product, technology, legal, and HR departments. This move comes as the company faces growing competition and invests in new areas like advertising, live programming,...
Core Consumer Price Index (CPI) increased by 0.3% in September, exceeding expectations and pushing Treasury yields higher amid inflation worries. This has raised the chances of a Federal Reserve rate hike this month to about 50%. Bank of America repo...
Netflix is laying off nearly 1,000 employees, about 6% of its workforce, mainly from product, tech, legal, and HR departments. The move comes as Netflix faces growing competition from social media platforms like TikTok and YouTube, which are gaining ...
Netflix is laying off about 1,000 employees, roughly 6% of its workforce, mainly from product, tech, legal, and HR teams. This move reflects the company's efforts to manage budget constraints despite having 325 million subscribers worldwide. Netflix'...
