Netflix projects massive ad revenue growth and pivots to cash bid for Warner Bros.

Netflix projects massive ad revenue growth and pivots to cash bid for Warner Bros.

Netflix’s advertising business has reached a major turning point, more than doubling its revenue to $1.5 billion between 2024 and 2025. During the company’s most recent earnings call, co-CEO Greg Peters expressed high confidence in this trajectory, projecting that ad revenue will “roughly double again” in 2026 to reach approximately $3 billion. This rapid scaling…

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Netflix promises theatrical commitment amid Warner Bros. acquisition bid

Netflix promises theatrical commitment amid Warner Bros. acquisition bid

The high-stakes tug-of-war over Warner Bros. Discovery (WBD) remains the focal point of Hollywood, as Paramount Skydance continues to challenge Netflix’s massive acquisition proposal. In an effort to mitigate industry-wide anxiety regarding the potential merger, Netflix co-CEO Ted Sarandos has begun a charm offensive aimed at reassuring theatre owners and traditionalists about the streaming giant’s…

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Telecoms firms lose bid to rein in US tech giants

Telecoms firms lose bid to rein in US tech giants

Google, Meta Platforms, Netflix, Microsoft and Amazon will not face heavy-handed regulations in Europe’s digital rule overhaul despite calls from telecommunications companies, people with direct knowledge of the matter said on Thursday. A slew of new tech rules adopted in recent years by the European Commission sparked criticism from the US, which says it targets…

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Novus to appeal after being told to hike Mustek bid

Novus to appeal after being told to hike Mustek bid

Mustek’s head office in Midrand, Johannesburg The plan by Novus Holdings to acquire technology group Mustek has run into more difficulty, with the Takeover Regulation Panel ruling it must increase its offer to Mustek shareholders in a move that could cost it tens of millions of rand more than anticipated. The Takeover Regulation Panel has…

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X moves to block bid to revive Twitter brand

X moves to block bid to revive Twitter brand

Elon Musk. Dado Ruvic/Reuters Elon Musk’s X sued a start-up on Tuesday after it sought to cancel X’s Twitter trademarks so it can “bring Twitter back” as a new social media platform. X said in the lawsuit in Delaware federal court that its Twitter brand is still “alive and well” and “not ripe for the…

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