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Stockreport

Netflix may have paid $600 million for Ben Affleck's AI startup [TechCrunch]

Netflix, Inc. (NFLX)  More Company Research Source: TechCrunch
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
This deal could be worth up to $600 million, according to Bloomberg , potentially ranking it among the streaming giant's largest acquisitions ever. The most Netflix has ever paid for a single acquisition was approximately $700 million for the Roald Dahl Story Company. While Netflix has not publicly confirmed the details, sources tell Bloomberg that the actual cash payment may be lower, with the owners of InterPositive eligible for additional payouts tied to specific performance targets. InterPositive makes tools that help filmmakers work more efficiently in post production — addressing continuity issues or enhancing scenes, for example — but it doesn't generate new content or use footage without permission. This acquisition fits Netflix's broader push to integrate AI into content production. The company has already used generative AI in its original shows and movies, including to create a building-collapse scene in the Argentine series “The Eternaut.” Rivals are moving in the [Read more]
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Stockreport

Netflix may have paid $600 million for Ben Affleck's AI startup [TechCrunch]

Netflix, Inc.  (NFLX) 
More Company Research Source: TechCrunch
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
This deal could be worth up to $600 million, according to Bloomberg , potentially ranking it among the streaming giant's largest acquisitions ever. The most Netflix has ever paid for a single acquisition was approximately $700 million for the Roald Dahl Story Company. While Netflix has not publicly confirmed the details, sources tell Bloomberg that the actual cash payment may be lower, with the owners of InterPositive eligible for additional payouts tied to specific performance targets. InterPositive makes tools that help filmmakers work more efficiently in post production — addressing continuity issues or enhancing scenes, for example — but it doesn't generate new content or use footage without permission. This acquisition fits Netflix's broader push to integrate AI into content production. The company has already used generative AI in its original shows and movies, including to create a building-collapse scene in the Argentine series “The Eternaut.” Rivals are moving in the [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NFLX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS