Spencer Neumann

Stories

Netflix shifts its story from subscribers to advertising

As of July 2026: Setting the metrics investors now watch

Netflix reported second-quarter results on July 16, 2026, and pointed investors at one number: advertising. The company said its ad business should nearly double this year, approaching a $3 billion annual run-rate.

Updated Jul 16

Netflix’s $82.7 billion bid for Warner Bros. rewrites the streaming wars

Money Moves

As of May 2026: Leads financing for the Warner Bros. acquisition

On December 5, 2025, Netflix announced a definitive deal to acquire Warner Bros.' film and television studios and streaming businesses, including HBO and HBO Max, valued at $72 billion in equity and $82.7 billion including debt. On January 20, 2026, the parties amended to an all-cash structure at $27.75 per share, with a shareholder vote expected by April 2026.

Updated May 10