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Stock impact report

Netflix is rebuilding the cable bundle, but there's one conspicuous topic it is avoiding [CNN]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: CNN
New York CNN — Netflix is rebuilding the cable bundle, sans one important ingredient: news. The company, having blown up the decades-old linear television business and ushered in the costly and destabilizing era of streaming, is inching closer and closer to resembling the entertainment behemoths of yesteryear. Netflix has added advertisements to its plans, a move it initially resisted for several years, touting more than 40 million subscribers to the ad-supported tier on Wednesday. It has added live late-night comedy, most recently with the roast of Tom Brady and John Mulaney's “Everybody's In L.A.” And it has made great strides into the live-sports arena, despite public statements asserting it does not wish to wade far into such waters. On Wednesday, the streaming giant announced that it had struck a groundbreaking deal with the NFL to broadcast not one, but two games on Christmas Day this year. Those games add to the company's ever-growing portfolio of live-sports offerin Show less Read more
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