Netflix has renewed its hit crime drama 'Nemesis' for a second season, potentially benefiting Los Angeles' struggling production industry if filming remains in the city. The first season was shot entirely in LA, creating hundreds of jobs and millions in economic activity. Co-creators Courtney A. Kemp and Tani Marole are committed to keeping the show and its expanding universe rooted in LA, aiming to showcase the city as a creative hub. While Netflix hasn't confirmed filming locations for season two, the creators hope to continue production locally, supporting the city's talent and economy.
Comcast CEO Brian Roberts announced plans to spin off NBCUniversal and Sky, separating them from Comcast's cable business. This move creates three distinct companies, making it easier for Comcast to buy and sell major media assets. Roberts will retai...
Netflix's stock has dropped to around $74 from a 2025 high of $134, presenting a buying opportunity backed by strong 2025 fundamentals. The company expects 16% revenue growth to $45 billion, 26% net profit growth to $11 billion, and a 24.5% profit ma...
Equity markets, including SPY, are expected to experience increased volatility in July due to concerns over a potential Federal Reserve rate hike. Key upcoming events such as the June Consumer Price Index (CPI), testimony from Fed Chair Warsh, and th...
