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Netflix Considered Canceling Michael Jackson: The Verdict a Week Before Release Amid Fears of Legal Action From Michael Jackson’s Estate
Netflix reportedly came close to shelving its documentary series Michael Jackson: The Verdict only a week before its scheduled release, despite the project eventually becoming one of the platform’s biggest documentary launches of the year. According to a new exclusive report, senior executives debated canceling the three-part series over concerns that the Michael Jackson estate could pursue legal action, while also anticipating intense backlash from the late singer’s loyal fanbase. Although the documentary ultimately premiered on June 3, the behind-the-scenes…
Netflix Addresses Speculation Surrounding Teach You a Lesson Season 2
Streaming giant Netflix has officially addressed circulating media reports and speculation regarding the potential production of a second season for its hit Korean original series “Teach You a Lesson“. Following widespread rumors that a follow-up installment was already in early development, the platform clarified its current position on July 21, 2026, maintaining a cautious stance regarding the future of the popular webtoon adaptation. The official statement follows media speculation claiming that internal discussions were underway to continue the storyline from…
Netflix Expects $3 Billion in 2026 Ad Revenue While Closing Major Upfront Advertising Deals
Netflix is moving closer to becoming one of the biggest players in streaming advertising, revealing that it is on track to generate $3 billion in advertising revenue in 2026. The company shared the update ahead of its second-quarter earnings report, confirming that negotiations for major upfront advertising deals are in their final stages. The announcement signals that advertising is no longer a secondary business for Netflix but an increasingly important part of its long-term growth strategy. The development comes as…
Netflix Reports Record 97 Billion Viewing Hours in First Half of 2026 as His & Hers (104M) and War Machine (147M) Lead Global Streaming Numbers
Netflix has released its latest What We Watched engagement report, revealing that subscribers streamed more than 97 billion hours of content between January and June 2026—the highest six-month viewing total in the platform’s history. The milestone highlights the growing global appeal of Netflix’s diverse catalog, with original series, films, live events, documentaries, anime, and international productions all contributing to record-breaking engagement. The report also marks the final biannual edition of Netflix’s transparency initiative. Beginning in 2027, the streaming giant will…
Netflix Confirms $587 Million Acquisition of Ben Affleck’s AI Startup InterPositive, Says AI Will Give Filmmakers “Better Tools” Instead of Replacing Them
Netflix has officially confirmed that it paid approximately $587 million in cash to acquire InterPositive, the artificial intelligence startup founded by actor and filmmaker Ben Affleck. The purchase, completed in March 2026, was disclosed in the company’s latest Form 10-Q filing with the U.S. Securities and Exchange Commission (SEC), confirming earlier reports that valued the deal at close to $600 million. According to Variety, the acquisition marks a significant step in Netflix’s growing investment in AI-powered filmmaking technology while maintaining…
Netflix Expected to Report $12.59 Billion Q2 Revenue as Investors Focus on Slowing Growth and Viewer Engagement
Netflix is preparing to report its second-quarter 2026 earnings, but this time the spotlight is on more than just revenue. Investors are increasingly focused on whether the streaming giant can maintain long-term growth as competition intensifies and audience engagement becomes more difficult to sustain. According to a Reuters report, Netflix is expected to post $12.59 billion in revenue, representing a 13.6% year-over-year increase, while analysts surveyed by LSEG forecast adjusted earnings per share of 79 cents. Although those figures reflect…