Netflix shares drop despite surpassing subscriber milestone, revenue boost from 'Stranger Things'

Today's Business Headlines 01/20/26

Netflix narrowly exceeded Wall Street’s revenue estimates for its holiday quarter, as viewers tuned in for the final season of the hit sci-fi series “Stranger Things,” sending its shares down 4% in after-hours trading.

The company forecast annual revenue for 2026 modestly ahead of analyst expectations, even as Netflix surpassed 325 million subscribers globally. Revenue came in at $12.1 billion for October through December – topping forecasts of $11.97 billion for the quarter, according to analysts surveyed by LSEG.Netflix narrowly exceeded Wall Street’s revenue estimates for its holiday quarter, as viewers tuned in for the final season of the hit sci-fi series “Stranger Things.”Nielsen reported that Netflix’s monthly viewership rose 10% in December, thanks largely to the final season of hit sci-fi series “Stranger Things,” which generated 15 billion viewing minutes. Netflix also streamed two National Football League games on Christmas Day and released a third film in the “Knives Out” murder-mystery series.Charlie Kirk’s widow Erika Kirk demands speedy trial, alleging 'undue delay' from Tyler Robinson defenseInvestors remain focused on Netflix’s $82.7 billion pursuit of Warner Bros. Discovery’s studio and other entertainment assets, as it seeks to fend off a hostile bid from Paramount Skydance. for the film and television studios, its extensive content library and major entertainment franchises, including “Game of Thrones,” “Harry Potter” and DC Comics’ superheroes like Batman and Superman. “Our revised all-cash agreement will enable an expedited timeline to a stockholder vote and provide greater financial certainty,” Netflix Co-CEO Ted Sarandos said in a statement accompanying Tuesday’s amended bid.In its note to investors, Netflix said the Warner Bros acquisition will provide it with an even broader and higher-quality selection of movies and shows for its subscribers, while it will be able to offer more personalized, flexible subscription offers with the addition of HBO Max. The company said it obtained commitments for a $59 billion bridge loan on Dec. 4 to support the Warner acquisition. On Monday, it increased the bridge loan commitment by $8.2 billion to support its all-cash $27.75 per share offer. In financial results, Netflix reported adjusted per-share earnings of 56 cents for the fourth quarter ended in December, slightly above estimates of 55 cents per share.In its note to investors, Netflix said the Warner Bros acquisition will provide it with an even broader and higher-quality selection of movies and shows for its subscribers, while it will be able to offer more personalized, flexible subscription offers with the addition of HBO Max.Netflix forecasts continued growth in 2026, with revenue of $50.7 billion to $51.7 billion. Ad revenue is expected to roughly double, Netflix said.Danish lawmaker scolded after dropping f-bomb at Donald TrumpNicola Peltz’s ex-hairstylist backs Beckhams in family feud: Brooklyn’s wife is a ‘bad apple’Netflix narrowly exceeded Wall Street's revenue estimates for its holiday quarter, as viewers tuned in for the final season of the hit sci-fi series"Stranger Things."In its note to investors, Netflix said the Warner Bros acquisition will provide it with an even broader and higher-quality selection of movies and shows for its subscribers, while it will be able to offer more personalized, flexible subscription offers with the addition of HBO Max.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

nypost /  🏆 91. in US

Business Corporate Earnings Netflix Paramount Streaming Ted Sarandos Warner Bros Discovery

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stranger Things' Controversial Ending Could Have Been Way WorseEleven and Vecna scream during the Stranger Things finale
Read more »

Mike, Dustin & Lucas Find Eleven After Stranger Things' Finale In New Video (It's Perfect)Millie Bobby Brown as Eleven in the Stranger Things ending
Read more »

‘Stranger Things’ Star Sets the Record Straight on Karen and Billy’s Spicy Relationship [Exclusive]cara buono on stage at fan expo portland
Read more »

7 Recent Sci-Fi & Fantasy Masterpieces Better than Stranger ThingsThese seven series are just as good if not better than Stranger Things.
Read more »

All the Plot Holes in ‘Stranger Things’ Final SeasonSome parts of the end of ‘Stranger Things’ don’t make sense.
Read more »

Trump Reveals Bonkers Rename He Really Wanted to Give Gulf of MexicoThe president is no stranger to renaming things after himself.
Read more »