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Netflix (NASDAQ: NFLX) is in a world of trouble. Increased competition, lower revenue growth, password sharing, and slower net new additions have plagued Netflix over the past few years. A quick Google search reveals that there are now more than 40 video streaming services.
Warner Bros. Discovery (WBD) announces the official release date with new trailer of Titans Season 4 Part 2.
Shares of Netflix (NASDAQ: NFLX) moved sharply higher on Thursday, surging by as much as 9.8% in morning trading. Netflix's lower-cost Basic with Ads plan is finally hitting its stride, according to an article published by Bloomberg. Perhaps equally importantly, Netflix also surpassed the milestones it set with advertisers, delivering the requisite number of viewers necessary to fulfill its contractual obligations, according to the article, which cited "people familiar with the deals."