Netflix shares fell more than 5% after the company forecast essentially flat revenue of $12.1 billion for the current quarter, following $12 billion in revenue and $2.4 billion in profit in the final three months of last year.
Co-CEOs Ted Sarandos and Greg Peters said the company is focusing on improving its core streaming business, expanding its ad revenue to $3 billion this year, and offering new content like “Bridgerton” and “One Piece.”
Netflix is also pressing forward with its acquisition bid for Warner Brothers Discovery (WBD), revising the deal to be all-cash and giving WBD shareholders more certainty, with a vote expected by April.
The acquisition would exclude WBD’s CNN and Discovery networks, which would form a new publicly traded entity called Global Networks.
The deal faces challenges from Paramount Skydance, which filed a lawsuit to block the transaction and is urging WBD shareholders to reject Netflix’s offer.
Source: PhilNews24 | January 22, 2026
NETFLIX SHARES DROP AS REVENUE MOMENTUM WANES
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