Netflix, Q2 and earnings per share
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In its second-quarter earnings report, the streaming giant disclosed operating income of $3.8 billion and a margin of 34.1 percent, up double digits from a year ago.
The final season of global phenomenon "Squid Game" helped Netflix beat Wall Street earnings targets for the second quarter, and the streaming service raised its revenue guidance for the year. Some investors had hoped for more from the dominant movie and TV streaming service,
Older Netflix shows like Orange is the New Black and Ozark have racked up over 100 million hours so far in 2025, as its Q2 revenue passed $11 billion.
The streaming giant’s co-CEO told financial analysts that artificial intelligence tools are expanding creativity.
Netflix said AI was used to produce visual effects that appeared for the first time on screen in one of its original series, employing a technology that has been a source of anxiety throughout Hollywood.
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Netflix says it has used visual effects created by generative artificial intelligence (AI) on screen for the first time in one of its original TV shows.
Freida Pinto is set for a major role in Netflix's upcoming series adaptation of the Jhumpa Lahiri short story collection "Unaccustomed Earth."
The streaming giant's revenue rose 15.9% year over year to $11.08 billion, and earnings hit $7.19 per share.
The executive's departure comes as part of a strategic shift to regionalize the streamer's ad leadership, TheWrap has exclusively learned.
Netflix says it has used visual effects created by generative artificial intelligence (AI) on screen for the first time in one of its original TV shows.
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Netflix Chief Financial Officer Spencer Neumann said the giant streamer remains indifferent to legacy media networks even as a record number of companies seem to be peeling them off or putting them up for sale.