Business
Netflix Q3 earnings beat at 87 cents a share, but stock falls 6% on lower ad forecast
Revenue matched forecasts at $12.87 billion, but Netflix cut its 2026 ad revenue outlook to $2.7 billion and admitted US viewing has slowed.
4d ago
Tag
Ted Sarandos
3 articles
Entertainment
Netflix fires film chief Dan Lin days after 1,000 job cuts and Bela Bajaria's exit
Ted Sarandos called Lin on Friday to tell him, Variety says. A reported clash with Greta Gerwig over Narnia is part of the story, but sources say it was not the reason.
5d ago
Entertainment
Netflix cuts 1,000 jobs and replaces content chief Bela Bajaria with Disney's Peter Rice
About 6% of staff are going, mostly in product, technology, legal and HR. A day later Netflix named former Disney executive Peter Rice chief content officer from 26 October.
14 Oct 2026