Netflix Issues Cautious Forecast Amid WBD Saga

John Belton of Gabelli Funds reacts to Netflix’s fourth-quarter earnings on “Bloomberg The Close.” He says the top-line numbers look generally healthy, but margin guidance is disappointing. The streaming leader says it plans to increase spending on films and TV shows by 10% in 2026 while forging ahead with plans to buy the studio and streaming business of Warner Bros. Discovery.
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