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Netflix Stock Trades Near 2022 Valuation Lows Despite Stronger Business, Analyst Says
Netflix’s share price may not reflect the company’s improving business fundamentals, according to options trader Mike Khouw, who believes the streaming leader is trading at an attractive valuation despite posting stronger financial performance than it did just a few years ago. Speaking on CNBC’s Options Action, Khouw argued that Netflix’s current valuation presents an opportunity for investors, noting that the stock has become cheaper even as the company’s revenue model and profitability continue to improve. Advertising and AI strengthen Netflix’s…
Possible Love Release Date Confirmed as Lee Chang-dong’s Long-Awaited Return Heads to Theaters and Netflix
Director Lee Chang-dong is officially making his long-awaited return to filmmaking with Possible Love, his first feature in eight years. Following the film’s selection for its World Premiere at the Venice Film Festival and North American Premiere at the Toronto International Film Festival (TIFF), Netflix has confirmed its global release schedule while unveiling the movie’s teaser key art. Possible Love will debut in select theaters on October 23 before launching worldwide on Netflix on November 6. The Korean drama brings…
Netflix executive sues company, claiming he was fired after revealing his medically prescribed ketamine use during a workplace trust-building session
Netflix is facing a wrongful termination lawsuit from former Eyeline Studios Vice President and Head of Creative Kevin Baillie, who claims he was fired after disclosing his medically supervised ketamine treatment during a workplace “Vulnerability-Trust” exercise. The lawsuit argues that the treatment, which Baillie says was prescribed for clinical depression following his mother’s death, became a factor in his dismissal despite being legally administered under medical supervision. Former executive claims therapy disclosure triggered investigation According to the lawsuit first shared…
Netflix’s Historical Fantasy ‘The East Palace’ Hits No. 1 in 17 Countries, Seven Years After ‘Kingdom’
Netflix’s original Korean historical fantasy series The East Palace has captured global attention, marking the streaming platform’s first major original period drama success since Kingdom premiered seven years ago. The eight-episode dark fantasy thriller was released in full on July 17, combining Joseon-era historical drama with occult horror and action. According to global OTT ranking platform FlixPatrol on July 23, The East Palace earned 554 points, securing the No. 2 spot on Netflix’s global TV show rankings. The series surpassed…
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…