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Netflix Beat Q1 Easily. Wall Street Sold It Anyway.
Netflix cleared every Q1 2026 number, banked a $2.8 billion Paramount check, and announced Reed Hastings is leaving the board. The stock still dropped 10%.
Shaw Beckett·

Netflix cleared every Q1 2026 number, banked a $2.8 billion Paramount check, and announced Reed Hastings is leaving the board. The stock still dropped 10%.

Paramount Skydance will acquire Warner Bros. Discovery after Netflix declined to match a $31/share offer. It's the biggest entertainment deal in history.

David Ellison wants to 'finish what he started' as Trump signals antitrust concerns over Netflix's deal.